104 Songbird CT, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $218,951. For a well positioned listing in ELM RIDGE, I'd target the $248,000 to $260,000 range. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in ELM RIDGE. This home's smaller footprint (291 sqft vs the comp average) plays a role in how the market prices it. The 2002 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in ELM RIDGE, listed between $225,000 and $289,000. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 110 Hummingbird CT, Cedar Creek TX 78612, with an adjusted value of $231,184; with a larger floor plan. 7 comparable transactions in ELM RIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group