121 Luther, Cedar Creek TX 78612

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $398,330. I'd recommend coming to market at $386,000 to $410,000 to strike the right balance between value and market velocity. In the current HIGH GROVE RANCH market with 1 similar homes available, this price represents below the only comparable home currently on the market. Built in 1997, this home is 8 years older than the average comp, which is reflected in the adjustments. The 5.10 acre lot (larger than the 4.74 acre average) is reflected in the estimate. 1 similar homes are currently available in HIGH GROVE RANCH, creating a buyer's market for this price range. The trend in 78612 shows prices have fallen 0.6% in the past 6 months. 1150 Walter Hoffman RD, Cedar Creek TX 78612 nearby adjusts to $460,890; a strong comparable. Based on 7 relevant data points in HIGH GROVE RANCH, 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