17924 Violet, Elgin TX 78621

My analysis of 4 comparable properties puts this home's estimated value at $266,524. Based on how the local market is moving, a list price between $310,000 and $320,000 would position this home well. Relative to what's currently available in ELM CREEK, this home would be the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (343 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 0.17) contributes to the valuation. The active market in ELM CREEK includes 3 comparable homes priced from $242,500 to $340,000. The 6 month price trend in ELM CREEK: fallen 5.6%. The best comp here is 17816 Honey Locust LN, Elgin TX 78621 at an adjusted value of $236,070, with a smaller floor plan. 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