123 Santiago ST, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $415,750. For a well positioned listing in 78612, I'd target the $325,000 to $335,000 range. With 5 comparable homes on the market in 78612, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. This home's larger footprint (151 sqft vs the comp average) plays a role in how the market prices it. At 1.02 acres, the lot is smaller than the 1.29 acre comp average, which factors into pricing. The active market in 78612 includes 5 comparable homes priced from $299,000 to $995,000. Recent trends in 78612 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 141 Chama DR, Cedar Creek TX 78612, with an adjusted value of $454,544; 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