107 Oak River DR, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $316,037. To generate strong buyer interest while maximizing value, I'd price this between $257,000 and $267,000. In the current ELM RIDGE market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The 247 sqft size difference versus comparable sales is reflected in the adjusted values. The 1986 construction puts this home 12 years older than the comp average, a factor in the pricing. 2 similar homes are currently available in ELM RIDGE, creating a buyer's market for this price range. The trend in 78612 shows prices have fallen 4% in the past 6 months. 115 Oriole CV, Cedar Creek TX 78612 nearby adjusts to $251,119; 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