122 Oak River DR, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $224,466. For a well positioned listing in ELM RIDGE, I'd target the $258,000 to $302,000 range. With 3 comparable homes on the market in ELM RIDGE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 2001 construction puts this home 5 years newer than the comp average, a factor in the pricing. The active market in ELM RIDGE includes 3 comparable homes priced from $223,900 to $415,000. Recent trends in 78612 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 110 Hummingbird CT, Cedar Creek TX 78612, with an adjusted value of $233,865; a strong comparable. 3 comparable transactions in ELM RIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group