104 Hummingbird CT, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $180,817. To generate strong buyer interest while maximizing value, I'd price this between $255,000 and $281,000. In the current ELM RIDGE market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The 153 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.13 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. 3 similar homes are currently available in ELM RIDGE, creating a buyer's market for this price range. The trend in 78612 shows prices have fallen 1.3% in the past 6 months. 107 Oriole CV, Cedar Creek TX 78612 nearby adjusts to $155,120; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group