105 Oak Ridge DR, Cedar Creek TX 78612

The estimated value of this property is $467,880, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $330,000 and $340,000. With 6 comparable homes on the market in OAK RIDGE ESTATES, this price positions the property as the most expensive of 6 comparable homes on the market. Built in 1985, this home is 24 years older than the average comp, which is reflected in the adjustments. The 2.17 acre lot (larger than the 1.31 acre average) is reflected in the estimate. Right now, 6 similar properties are competing for buyers in OAK RIDGE ESTATES, listed between $299,900 and $648,650. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 281 Simpson Ave, Cedar Creek TX 78612, with an adjusted value of $593,592; with a larger floor plan and a pool. Based on 7 relevant data points in OAK RIDGE ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX