102 N Mockingbird CIR, Cedar Creek TX 78612

My analysis of 7 comparable properties puts this home's estimated value at $211,109. Based on how the local market is moving, a list price between $243,000 and $254,000 would position this home well. This pricing would rank the home as the most affordable of 4 comparable homes on the market in ELM RIDGE's current inventory. This home's smaller footprint (305 sqft vs the comp average) plays a role in how the market prices it. At 11 years older than typical comps, the 1986 build date influences the valuation. With 4 similar homes currently listed in ELM RIDGE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78612: fallen 5.3%. The best comp here is 106 N Mockingbird CIR, Cedar Creek TX 78612 at an adjusted value of $288,068, with a larger floor plan. With 7 comparable sales in ELM RIDGE, 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