114 Oak River DR, Cedar Creek TX 78612

The comparable sales data (3 recent transactions in ELM RIDGE) supports an estimated value of $259,936. The data suggests a list price between $270,000 and $275,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in ELM RIDGE, this home would be the 2nd most expensive of 4 comparable homes on the market. Being built in 1987 (10 years older than comps) is factored into the value estimate. Lot size matters here: 0.21 acres versus 0.15 for the typical comp. Right now, 4 similar properties are competing for buyers in ELM RIDGE, listed between $225,000 and $289,000. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 106 N Mockingbird CIR, Cedar Creek TX 78612 carries an adjusted comparable value of $305,787, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus