18033 Majestic Elm LN, Elgin TX 78621

Based on 6 closed sales in ELM CREEK, the data points to a value around $256,243 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $256,000 to $277,000. Buyers shopping in ELM CREEK right now would see this as a well positioned option among 4 comparable homes. Being built in 2008 (5 years newer than comps) is factored into the value estimate. There are currently 4 similar homes on the market in ELM CREEK, ranging from $229,900 to $249,900. Market data shows ELM CREEK prices fallen 4.5% over the last half year. The closest comparable sale, 17920 Honey Locust LN, Elgin TX 78621 at an adjusted $223,860, is a strong comparable. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus