18004 Honey Locust LN, Elgin TX 78621

The market data from 3 similar recent sales in ELM CREEK points to a value of approximately $257,043. To sell within a reasonable timeframe at fair market value, the $284,000 to $286,000 range is where I'd position this. Against 7 similar active listings in ELM CREEK, this price point lands at the 4th most expensive of 7 comparable homes on the market. At 141 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 7 similar properties are competing for buyers in ELM CREEK, listed between $245,000 and $296,999. In ELM CREEK, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 17913 Honey Locust LN, Elgin TX 78621, adjusting to $243,591; 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