18032 Majestic Elm LN, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $224,508. To generate strong buyer interest while maximizing value, I'd price this between $163,000 and $173,000. Against 6 similar active listings in ELM CREEK, this price point lands at the 3rd least expensive of 6 comparable homes on the market. With 6 similar homes currently listed in ELM CREEK (a balanced market), competition is a factor to consider. The trend in ELM CREEK shows prices have fallen 4.1% in the past 6 months. 17900 Honey Locust LN, Elgin TX 78621 nearby adjusts to $224,428; 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