105 Hobbs Creek CV, Cedar Creek TX 78612

The market data from 5 similar recent sales in HOMESTEAD points to a value of approximately $479,244. To sell within a reasonable timeframe at fair market value, the $515,000 to $695,000 range is where I'd position this. In the current HOMESTEAD market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The 591 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.15 acres, the lot is smaller than the 1.94 acre comp average, which factors into pricing. Buyers in HOMESTEAD have 2 comparable options right now, with asking prices between $649,000 and $795,000. In HOMESTEAD, home values have risen approximately 6.8% over the past 6 months. One of the strongest data points is 177 BILLINGSLEY HTS, Cedar Creek TX 78612, adjusting to $510,750; with a smaller floor plan. 5 comparable transactions in HOMESTEAD 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