106 N Mockingbird CIR, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $211,093. To generate strong buyer interest while maximizing value, I'd price this between $269,000 and $271,000. With 4 comparable homes on the market in ELM RIDGE, this price positions the property as the most affordable of 4 comparable homes on the market. This home's smaller footprint (300 sqft vs the comp average) plays a role in how the market prices it. The 1986 construction puts this home 11 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in ELM RIDGE, ranging from $225,000 to $289,000. The trend in 78612 shows prices have fallen 6.9% in the past 6 months. 110 Hummingbird CT, Cedar Creek TX 78612 nearby adjusts to $231,171; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group