18041 Basket Flower BND, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $264,667. To generate strong buyer interest while maximizing value, I'd price this between $318,000 and $322,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in ELM CREEK. At 236 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 3 of 3 comparable sales didn't include one. Current inventory shows 7 comparable homes in ELM CREEK; a buyer's market based on recent absorption. The trend in ELM CREEK shows prices have fallen 4.3% in the past 6 months. 17816 Honey Locust LN, Elgin TX 78621 nearby adjusts to $238,296; with a smaller floor plan and no pool. 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