118 Oak River DR, Cedar Creek TX 78612

The comparable sales data (7 recent transactions in ELM RIDGE) supports an estimated value of $272,990. The data suggests a list price between $294,000 and $300,000 would attract qualified buyers without leaving money on the table. This home's position in the current ELM RIDGE market: the most affordable of 3 comparable homes on the market among comparable properties. The smaller floor plan (135 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1986 (9 years older than comps) is factored into the value estimate. There are currently 3 similar homes on the market in ELM RIDGE, ranging from $255,000 to $289,000. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 106 N Mockingbird CIR, Cedar Creek TX 78612 carries an adjusted comparable value of $321,835, providing a strong data point. 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