18216 Basket Flower BND, Elgin TX 78621

Reviewing the most recent comparable transactions, this home's market value falls around $246,168. For a well positioned listing in ELM CREEK, I'd target the $262,000 to $270,000 range. In the current ELM CREEK market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 133 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in ELM CREEK; a buyer's market based on recent absorption. Recent trends in ELM CREEK show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 12612 Wayne Spur LN, Elgin TX 78621, with an adjusted value of $196,425; a strong comparable. 4 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