118 Songbird CT, Cedar Creek TX 78612

The estimated value of this property is $364,001, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $268,000 and $278,000. Among the similar homes currently available in ELM RIDGE, this price point stands out as competitive. The 242 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.28 acre lot (smaller than the 1.53 acre average) is reflected in the estimate. 2 similar homes are currently available in ELM RIDGE, creating a buyer's market for this price range. Recent trends in 78612 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 115 Oriole CV, Cedar Creek TX 78612, with an adjusted value of $319,528; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group