17909 Prairie Verbena LN, Elgin TX 78621

After reviewing 4 recent transactions in ELM CREEK, I estimate this property's value at $276,438. A competitive list price for this home right now would fall in the $204,000 to $214,000 range. This home's position in the current ELM CREEK market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.14 acres versus the area average of 0.17) contributes to the valuation. There are currently 7 similar homes on the market in ELM CREEK, ranging from $215,000 to $308,999. Prices in ELM CREEK have fallen 2.3% over the last 6 months. A similar home at 17816 Honey Locust LN, Elgin TX 78621 carries an adjusted comparable value of $218,021, providing a strong data point. The comp data here (4 sales in ELM CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus