115 Cottonwood CT, Cedar Creek TX 78612

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $389,391. I'd recommend coming to market at $278,000 to $288,000 to strike the right balance between value and market velocity. Against 7 similar active listings in WEST RIDGE, this price point lands at the most expensive of 7 comparable homes on the market. Built in 1985, this home is 18 years older than the average comp, which is reflected in the adjustments. The 1.69 acre lot (smaller than the 1.92 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in WEST RIDGE, listed between $299,900 and $648,650. The trend in 78612 shows prices have fallen 4% in the past 6 months. 153 Angelia DR, Cedar Creek TX 78612 nearby adjusts to $250,339; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group