11 MCLOED PL, Cedar Creek TX 78612

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $390,866. I'd recommend coming to market at $316,000 to $326,000 to strike the right balance between value and market velocity. In the current HOMESTEAD market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 1.02 acre lot (smaller than the 1.05 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in HOMESTEAD; a seller's market based on recent absorption. The trend in HOMESTEAD shows prices have risen 6.8% in the past 6 months. 112 Speegle CT, Cedar Creek TX 78612 nearby adjusts to $396,346; a strong comparable. Based on 4 relevant data points in HOMESTEAD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX