119 Purple Sage DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $467,059. I'd recommend coming to market at $513,000 to $590,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in MEADOWS OF HOBBS CREEK. The 271 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2005, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in MEADOWS OF HOBBS CREEK; a buyer's market based on recent absorption. The trend in 78612 shows prices have fallen 1.3% in the past 6 months. 135 Parkland DR, Cedar Creek TX 78612 nearby adjusts to $490,531; a strong comparable. Based on 7 relevant data points in MEADOWS OF HOBBS CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX