17912 Majestic Elm LN, Elgin TX 78621

The market data from 3 similar recent sales in ELM CREEK points to a value of approximately $228,360. To sell within a reasonable timeframe at fair market value, the $257,000 to $266,000 range is where I'd position this. With 7 comparable homes on the market in ELM CREEK, this price positions the property as the most affordable of 7 comparable homes on the market. Current inventory shows 7 comparable homes in ELM CREEK; a buyer's market based on recent absorption. In ELM CREEK, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 17609 Soapberry CV, Elgin TX 78621, adjusting to $244,398; a strong comparable. The 3 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