122 Winecup PATH, Cedar Creek TX 78612

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $230,766. I'd recommend coming to market at $264,000 to $276,000 to strike the right balance between value and market velocity. In the current ELM RIDGE market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. This home's smaller footprint (124 sqft vs the comp average) plays a role in how the market prices it. Built in 2003, this home is 6 years newer than the average comp, which is reflected in the adjustments. The active market in ELM RIDGE includes 4 comparable homes priced from $225,000 to $289,000. The trend in 78612 shows prices have fallen 4% in the past 6 months. 110 Hummingbird CT, Cedar Creek TX 78612 nearby adjusts to $252,049; a strong comparable. Based on 7 relevant data points in ELM RIDGE, 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