107 HUMMINGBIRD CT, Cedar Creek TX 78612

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $244,812. I'd recommend coming to market at $269,000 to $281,000 to strike the right balance between value and market velocity. In the current ELM RIDGE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 190 sqft larger than the typical comp, the size difference factors into the valuation. There are currently 3 similar homes on the market in ELM RIDGE, ranging from $249,990 to $289,900. The trend in 78612 shows prices have fallen 4% in the past 6 months. 115 Oriole CV, Cedar Creek TX 78612 nearby adjusts to $280,653; a strong comparable. With 3 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