116 S. RDG, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $285,096. For a well positioned listing in SOUTH RIDGE ESTATES, I'd target the $321,000 to $325,000 range. With 0 comparable homes on the market in SOUTH RIDGE ESTATES, this price positions the property as no active comparable homes on the market. The 686 sqft size difference versus comparable sales is reflected in the adjusted values. The 1985 construction puts this home 13 years older than the comp average, a factor in the pricing. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 163 S Ridge DR, Cedar Creek TX 78612, with an adjusted value of $293,801; with a larger floor plan. 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