111 Live Oak DR, Cedar Creek TX 78612

The market data from 7 similar recent sales in ALUM CREEK ESTATES points to a value of approximately $286,566. To sell within a reasonable timeframe at fair market value, the $311,000 to $336,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in ALUM CREEK ESTATES. The 2008 construction puts this home 15 years newer than the comp average, a factor in the pricing. At 0.51 acres, the lot is smaller than the 1.17 acre comp average, which factors into pricing. The active market in ALUM CREEK ESTATES includes 3 comparable homes priced from $280,000 to $1,100,000. In 78612, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 149 Live Oak DR, Cedar Creek TX 78612, adjusting to $285,239; a strong comparable. 7 comparable transactions in ALUM CREEK ESTATES 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