119 Meadow WAY, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $364,672. To generate strong buyer interest while maximizing value, I'd price this between $277,000 and $287,000. In the current 78612 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 1.16 acres, the lot is smaller than the 3.38 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78612; a buyer's market based on recent absorption. The trend in 78612 shows prices have fallen 4.6% in the past 6 months. 356 Cedar LN, Cedar Creek TX 78612 nearby adjusts to $555,748; a strong comparable. 7 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