104 Winecup PATH, Cedar Creek TX 78612

The estimated value of this property is $247,160, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $240,000 and $255,000. Against 2 similar active listings in ELM RIDGE, this price point lands at the most affordable of 2 comparable homes on the market. The 0.12 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in ELM RIDGE; a buyer's market based on recent absorption. 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 $258,319; with a smaller floor plan. With 3 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