111 High Point BLVD, Cedar Creek TX 78612

Based on 7 closed sales in ELM RIDGE, the data points to a value around $282,626 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $294,000 to $307,000. Buyers shopping in ELM RIDGE right now would see this as a well positioned option among 2 comparable homes. This home's larger footprint (373 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.10 acres versus 0.30 for the typical comp. Buyers in ELM RIDGE have 2 comparable options right now, with asking prices between $255,000 and $289,900. Market data shows 78612 prices fallen 4.6% over the last half year. The closest comparable sale, 115 Oriole CV, Cedar Creek TX 78612 at an adjusted $293,526, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in ELM RIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group