17904 Majestic Elm LN, Elgin TX 78621

Taking into account 7 nearby comparable sales, this property's estimated value comes to $220,811. If we were to list this property today, I'd recommend a list price in the $249,000 to $259,000 range. This home's position in the current ELM CREEK market: the most affordable of 7 comparable homes on the market among comparable properties. Being built in 2007 (5 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in ELM CREEK; a buyer's market based on recent absorption. The 6 month price trend in ELM CREEK: fallen 4.1%. The best comp here is 13036 Date Palm TRL, Elgin TX 78621 at an adjusted value of $226,012, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ELM CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group