1150 Walter Hoffman RD, Cedar Creek TX 78612

The estimated value of this property is $429,088, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $232,000 and $242,000. Against 5 similar active listings in WALTERS, JACOB, this price point lands at the most expensive of 5 comparable homes on the market. Built in 1997, this home is 8 years older than the average comp, which is reflected in the adjustments. The 10.60 acre lot (larger than the 4.46 acre average) is reflected in the estimate. With 5 similar homes currently listed in WALTERS, JACOB (a buyer's market), competition is a factor to consider. Recent trends in 78612 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 1150 Walter Hoffman RD, Cedar Creek TX 78612, with an adjusted value of $479,400; a strong comparable. Based on 7 relevant data points in WALTERS, JACOB, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX