121 Bent Tree CV, Cedar Creek TX 78612

After reviewing 4 recent transactions in MEADOWS OF HOBBS CREEK, I estimate this property's value at $416,745. A competitive list price for this home right now would fall in the $335,000 to $345,000 range. This home's position in the current MEADOWS OF HOBBS CREEK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The larger lot (1.13 acres versus the area average of 1.05) contributes to the valuation. With 7 similar homes currently listed in MEADOWS OF HOBBS CREEK (a buyer's market), competition is a factor to consider. Prices in 78612 have fallen 4.6% over the last 6 months. A similar home at 112 Speegle CT, Cedar Creek TX 78612 carries an adjusted comparable value of $421,724, providing a strong data point. With 4 comparable sales in MEADOWS OF HOBBS CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group