116 SPEEGLE CT, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $337,819. For a well positioned listing in 78612, I'd target the $276,000 to $286,000 range. With 7 comparable homes on the market in 78612, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Being 123 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.27 acres, the lot is larger than the 1.19 acre comp average, which factors into pricing. 7 similar homes are currently available in 78612, creating a buyer's market for this price range. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 167 Billingsley HTS, Cedar Creek TX 78612, with an adjusted value of $351,802; with a larger floor plan. 5 comparable transactions in 78612 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group