108 Hummingbird CT, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $263,312. For a well positioned listing in ELM RIDGE, I'd target the $283,000 to $289,000 range. With 4 comparable homes on the market in ELM RIDGE, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 0.14 acres, the lot is smaller than the 0.44 acre comp average, which factors into pricing. Buyers in ELM RIDGE have 4 comparable options right now, with asking prices between $225,000 and $289,000. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 110 Hummingbird CT, Cedar Creek TX 78612, with an adjusted value of $254,512; a strong comparable. 7 comparable transactions in ELM RIDGE 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