108 Shadow Wood TRL, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $248,073. For a well positioned listing in ELM RIDGE, I'd target the $245,000 to $257,000 range. Against 3 similar active listings in ELM RIDGE, this price point lands at the most expensive of 3 comparable homes on the market. The smaller floor plan (204 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 3 comparable homes in ELM RIDGE; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 106 N Mockingbird CIR, Cedar Creek TX 78612, with an adjusted value of $293,941; with a larger floor plan. The 3 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