120 S Mockingbird CIR, Cedar Creek TX 78612

The estimated value of this property is $256,069, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $271,000 and $282,000. With 2 comparable homes on the market in ELM RIDGE, this price positions the property as the most affordable of 2 comparable homes on the market. Built in 1987, this home is 11 years older than the average comp, which is reflected in the adjustments. Buyers in ELM RIDGE have 2 comparable options right now, with asking prices between $255,000 and $272,400. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 106 N Mockingbird CIR, Cedar Creek TX 78612, with an adjusted value of $309,537; with a smaller floor plan. Based on 4 relevant data points in ELM RIDGE, 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