112 Lonesome Dove, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $410,418. For a well positioned listing in 78612, I'd target the $338,000 to $348,000 range. Against 3 similar active listings in 78612, this price point lands at the most expensive of 3 comparable homes on the market. This home's larger footprint (255 sqft vs the comp average) plays a role in how the market prices it. At 4.21 acres, the lot is larger than the 3.03 acre comp average, which factors into pricing. With 3 similar homes currently listed in 78612 (a buyer's market), competition is a factor to consider. Recent trends in 78612 show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 298 High View Ranch DR, Cedar Creek TX 78612, with an adjusted value of $384,047; with a smaller floor plan. The 3 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