114 W Hill CV, Cedar Creek TX 78612

The market data from 7 similar recent sales in 78612 points to a value of approximately $325,185. To sell within a reasonable timeframe at fair market value, the $401,000 to $434,000 range is where I'd position this. With 2 comparable homes on the market in 78612, this price positions the property as the most affordable of 2 comparable homes on the market. At 2.30 acres, the lot is smaller than the 2.36 acre comp average, which factors into pricing. With 2 similar homes currently listed in 78612 (a buyer's market), competition is a factor to consider. In 78612, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 308 Riddle RD, Cedar Creek TX 78612, adjusting to $400,636; a strong comparable. The 7 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