116 Valley Creek DR, Cedar Creek TX 78612

After reviewing 7 recent transactions in VALLEY CREEK RANCHES, I estimate this property's value at $424,324. A competitive list price for this home right now would fall in the $321,000 to $331,000 range. This home's position in the current VALLEY CREEK RANCHES market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The larger lot (8.36 acres versus the area average of 2.98) contributes to the valuation. With 7 similar homes currently listed in VALLEY CREEK RANCHES (a buyer's market), competition is a factor to consider. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 189 Shady Oaks LOOP, Cedar Creek TX 78612 carries an adjusted comparable value of $593,504, providing a strong data point. The comp data here (7 sales in VALLEY CREEK RANCHES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus