109 Hummingbird CT, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $288,556. To generate strong buyer interest while maximizing value, I'd price this between $283,000 and $294,000. Against 1 similar active listings in ELM RIDGE, this price point lands at below the only comparable home currently on the market. The 203 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.14 acres, the lot is smaller than the 1.46 acre comp average, which factors into pricing. 1 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 0.3% in the past 6 months. 158 Oak River DR, Cedar Creek TX 78612 nearby adjusts to $219,415; 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