107 HIGH POINT BLVD, Cedar Creek TX 78612

After reviewing 4 recent transactions in ELM RIDGE, I estimate this property's value at $237,788. A competitive list price for this home right now would fall in the $282,000 to $295,000 range. This pricing would rank the home as the most affordable of 3 comparable homes on the market in ELM RIDGE's current inventory. Being 131 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 3 comparable homes in ELM RIDGE; a buyer's market based on recent absorption. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 110 Hummingbird CT, Cedar Creek TX 78612 carries an adjusted comparable value of $270,688, providing a strong data point. The comp data here (4 sales in ELM RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus