121 Oak River DR, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $198,839. For a well positioned listing in ELM RIDGE, I'd target the $255,000 to $267,000 range. Among the similar homes currently available in ELM RIDGE, this price point stands out as competitive. At 177 sqft smaller than the typical comp, the size difference factors into the valuation. The 1986 construction puts this home 9 years older than the comp average, a factor in the pricing. Buyers in ELM RIDGE have 5 comparable options right now, with asking prices between $225,000 and $350,000. 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 $269,676; a strong comparable. The 7 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