116 S Ridge DR, Cedar Creek TX 78612

Based on 7 closed sales in SOUTH RIDGE ESTATES, the data points to a value around $285,069 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $321,000 to $325,000. This home's position in the current SOUTH RIDGE ESTATES market: no active comparable homes on the market among comparable properties. This home's smaller footprint (686 sqft vs the comp average) plays a role in how the market prices it. Being built in 1985 (13 years older than comps) is factored into the value estimate. Market data shows 78612 prices fallen 4% over the last half year. The closest comparable sale, 163 S Ridge DR, Cedar Creek TX 78612 at an adjusted $293,739, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus