101 SONGBIRD ST, Cedar Creek TX 78612

Based on 3 closed sales in ELM RIDGE, the data points to a value around $234,700 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $268,000 to $274,000. Relative to what's currently available in ELM RIDGE, this home would be the most affordable of 3 comparable homes on the market. The 248 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.00 acres versus 0.17 for the typical comp. The active market in ELM RIDGE includes 3 comparable homes priced from $249,990 to $289,900. Market data shows 78612 prices fallen 4% over the last half year. The closest comparable sale, 115 Oriole CV, Cedar Creek TX 78612 at an adjusted $268,184, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in ELM RIDGE. 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