17913 Prairie Verbena LN, Elgin TX 78621

Based on 6 closed sales in ELM CREEK, the data points to a value around $232,924 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $244,000 to $245,000. This home's position in the current ELM CREEK market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Current inventory shows 7 comparable homes in ELM CREEK; a buyer's market based on recent absorption. Market data shows ELM CREEK prices fallen 5.2% over the last half year. The closest comparable sale, 17921 Basketflower BND, Elgin TX 78621 at an adjusted $254,240, is a strong comparable. The strength of this estimate comes from 6 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