1198 Walter Hoffman RD, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $412,708. To generate strong buyer interest while maximizing value, I'd price this between $349,000 and $359,000. With 7 comparable homes on the market in 78612, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 2014 construction puts this home 23 years newer than the comp average, a factor in the pricing. At 1.00 acres, the lot is smaller than the 3.14 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78612, listed between $299,900 and $668,000. The trend in 78612 shows prices have fallen 4.6% in the past 6 months. 105 Alum Creek DR, Cedar Creek TX 78612 nearby adjusts to $253,845; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group