107 Bull Run PR, Cedar Creek TX 78612

The market data from 7 similar recent sales in 78612 points to a value of approximately $409,479. To sell within a reasonable timeframe at fair market value, the $447,000 to $449,000 range is where I'd position this. With 7 comparable homes on the market in 78612, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 1994 construction puts this home 9 years older than the comp average, a factor in the pricing. At 12.00 acres, the lot is larger than the 0.75 acre comp average, which factors into pricing. 7 similar homes are currently available in 78612, creating a buyer's market for this price range. In 78612, home values have fallen approximately 1.3% over the past 6 months. One of the strongest data points is 146 Santa Fe TRL, Cedar Creek TX 78612, adjusting to $453,350; a strong comparable. 7 comparable transactions in 78612 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