112 Winecup PATH, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $220,004. To generate strong buyer interest while maximizing value, I'd price this between $250,000 and $262,000. With 4 comparable homes on the market in ELM RIDGE, this price positions the property as the most affordable of 4 comparable homes on the market. Being 265 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2003 construction puts this home 6 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in ELM RIDGE, listed between $225,000 and $289,000. The trend in 78612 shows prices have fallen 4% in the past 6 months. 110 Hummingbird CT, Cedar Creek TX 78612 nearby adjusts to $234,397; with a larger floor plan. 7 comparable transactions in ELM RIDGE 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