106 Oak River DR, Cedar Creek TX 78612

The estimated value of this property is $208,534, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $202,000 and $215,000. In the current 78612 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The smaller floor plan (337 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 2.02 acre average) is reflected in the estimate. Right now, 1 similar properties are competing for buyers in 78612, listed between $350,000 and $350,000. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 139 Stony Mont DR, Del Valle TX 78617, with an adjusted value of $111,893; with a larger floor plan. With 7 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