120 Maegan LN, Cedar Creek TX 78612

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $351,454. I'd recommend coming to market at $294,000 to $304,000 to strike the right balance between value and market velocity. In the current HERITAGE OAKS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1,321 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1998, this home is 16 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in HERITAGE OAKS (a balanced market), competition is a factor to consider. The trend in HERITAGE OAKS shows prices have fallen 5.7% in the past 6 months. 195 Heritage Oaks DR, Cedar Creek TX 78612 nearby adjusts to $343,552; with a larger floor plan. Based on 4 relevant data points in HERITAGE OAKS, 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