17821 Violet LN, Elgin TX 78621

After reviewing 6 recent transactions in ELM CREEK, I estimate this property's value at $294,017. A competitive list price for this home right now would fall in the $316,000 to $322,000 range. This home's position in the current ELM CREEK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (187 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.14 acres versus the area average of 0.18) contributes to the valuation. Buyers in ELM CREEK have 7 comparable options right now, with asking prices between $230,400 and $342,999. Prices in ELM CREEK have fallen 1.1% over the last 6 months. A similar home at 12616 Wayne Spur LN, Elgin TX 78621 carries an adjusted comparable value of $286,571, providing a strong data point. With 6 comparable sales in ELM CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group