116 Medlar DR, Cedar Creek TX 78612

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $279,675. Pricing this home between $324,000 and $375,000 would put it in the competitive sweet spot for CEDAR CREEK ESTATES. This would position the home competitively among 3 active listings in CEDAR CREEK ESTATES. The 423 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.60 acres versus the area average of 0.85) contributes to the valuation. 3 similar homes are currently available in CEDAR CREEK ESTATES, creating a buyer's market for this price range. Market data shows 78612 prices fallen 4% over the last half year. The closest comparable sale, 282 Hershal LN, Cedar Creek TX 78612 at an adjusted $188,583, is a strong comparable. With 7 comparable sales in CEDAR CREEK ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group