18037 Majestic Elm LN, Elgin TX 78621

The estimated value of this property is $254,864, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $216,000 and $226,000. Against 7 similar active listings in ELM CREEK, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (172 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in ELM CREEK have 7 comparable options right now, with asking prices between $230,400 and $310,990. Recent trends in ELM CREEK show home values have fallen 4.9% since 6 months ago. The most comparable recent sale is 17816 Honey Locust LN, Elgin TX 78621, with an adjusted value of $214,893; a strong comparable. Based on 3 relevant data points in ELM CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX