110 St Thomas, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $866,480. To generate strong buyer interest while maximizing value, I'd price this between $709,000 and $719,000. Against 7 similar active listings in 78612, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 1996 construction puts this home 8 years older than the comp average, a factor in the pricing. At 9.99 acres, the lot is larger than the 2.36 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78612, ranging from $550,000 to $1,295,000. The trend in 78612 shows prices have fallen 5.6% in the past 6 months. 317 Colorado DR, Cedar Creek TX 78612 nearby adjusts to $813,495; with a pool. The 7 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