17813 Majestic Elm LN, Elgin TX 78621

The market data from 4 similar recent sales in ELM CREEK points to a value of approximately $245,301. To sell within a reasonable timeframe at fair market value, the $277,000 to $282,000 range is where I'd position this. Against 7 similar active listings in ELM CREEK, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 112 sqft size difference versus comparable sales is reflected in the adjusted values. 7 similar homes are currently available in ELM CREEK, creating a buyer's market for this price range. In ELM CREEK, home values have risen approximately 3.6% over the past 6 months. One of the strongest data points is 17913 Honey Locust LN, Elgin TX 78621, adjusting to $243,218; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group