122 S Mockingbird CIR, Cedar Creek TX 78612

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $256,450. Pricing this home between $265,000 and $271,000 would put it in the competitive sweet spot for ELM RIDGE. Buyers shopping in ELM RIDGE right now would see this as a well positioned option among 4 comparable homes. At 122 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in ELM RIDGE; a buyer's market based on recent absorption. Market data shows 78612 prices fallen 4% over the last half year. The closest comparable sale, 106 N Mockingbird CIR, Cedar Creek TX 78612 at an adjusted $305,927, is a strong comparable. With 3 comparable sales in ELM RIDGE, 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