109 Murchison DR, Cedar Creek TX 78612

The market data from 6 similar recent sales in S8029 - THE HOMESTEAD points to a value of approximately $414,515. To sell within a reasonable timeframe at fair market value, the $495,000 to $500,000 range is where I'd position this. Among the similar homes currently available in S8029 - THE HOMESTEAD, this price point stands out as competitive. The 221 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.80 acres, the lot is larger than the 1.19 acre comp average, which factors into pricing. The active market in S8029 - THE HOMESTEAD includes 7 comparable homes priced from $415,790 to $2,499,900. In 78612, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 112 Speegle CT, Cedar Creek TX 78612, adjusting to $436,648; with a smaller floor plan. 6 comparable transactions in S8029 - THE HOMESTEAD 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