18021 Majestic Elm LN, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $233,133. To generate strong buyer interest while maximizing value, I'd price this between $258,000 and $275,000. With 4 comparable homes on the market in ELM CREEK, this price positions the property as the most affordable of 4 comparable homes on the market. The 2010 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 4 similar homes currently listed in ELM CREEK (a buyer's market), competition is a factor to consider. The trend in ELM CREEK shows prices have fallen 4.3% in the past 6 months. 13036 Date Palm TRL, Elgin TX 78621 nearby adjusts to $232,789; a strong comparable. 3 comparable transactions in ELM CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group