101 Parkland DR, Cedar Creek TX 78612

Based on 6 closed sales in MEADOWS OF HOBBS CREEK, the data points to a value around $474,387 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $358,000 to $368,000. Relative to what's currently available in MEADOWS OF HOBBS CREEK, this home would be the 2nd least expensive of 7 comparable homes on the market. Being 472 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 1.33 acres versus 1.06 for the typical comp. The active market in MEADOWS OF HOBBS CREEK includes 7 comparable homes priced from $330,000 to $895,000. Market data shows 78612 prices fallen 5.6% over the last half year. The closest comparable sale, 135 Parkland DR, Cedar Creek TX 78612 at an adjusted $496,032, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in MEADOWS OF HOBBS CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group