121 Turkey RUN, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $363,098. For a well positioned listing in ARTESIAN OAKS, I'd target the $352,000 to $374,000 range. In the current ARTESIAN OAKS market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. At 445 sqft larger than the typical comp, the size difference factors into the valuation. The 1986 construction puts this home 11 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in ARTESIAN OAKS; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 105 Alum Creek DR, Cedar Creek TX 78612, with an adjusted value of $247,706; with a smaller floor plan. The 3 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