18405 Basket Flower BND, Elgin TX 78621

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $297,562. Pricing this home between $289,000 and $306,000 would put it in the competitive sweet spot for ELM CREEK. Buyers shopping in ELM CREEK right now would see this as a well positioned option among 3 comparable homes. The larger floor plan (235 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.13 acres versus the area average of 0.17) contributes to the valuation. 3 similar homes are currently available in ELM CREEK, creating a buyer's market for this price range. Market data shows ELM CREEK prices fallen 4.1% over the last half year. The closest comparable sale, 17816 Honey Locust LN, Elgin TX 78621 at an adjusted $244,025, is with a smaller floor plan. With 5 comparable sales in ELM CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group