104 Merlin CT, Cedar Creek TX 78612

The estimated value of this property is $506,414, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $550,000 and $555,000. Among the similar homes currently available in DOUBLE EAGLE RANCH, this price point stands out as competitive. This home's smaller footprint (110 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 5 comparable homes in DOUBLE EAGLE RANCH; a balanced market based on recent absorption. Recent trends in DOUBLE EAGLE RANCH show home values have fallen 4.4% since 6 months ago. The most comparable recent sale is 180 Pecos ST, Cedar Creek TX 78612, with an adjusted value of $484,604; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group