124 Oak River DR, Cedar Creek TX 78612

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $288,862. Pricing this home between $226,000 and $236,000 would put it in the competitive sweet spot for ELM RIDGE. This home's position in the current ELM RIDGE market: the most expensive of 3 comparable homes on the market among comparable properties. At 438 sqft smaller than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 7 of the 7 comps lacked one. Buyers in ELM RIDGE have 3 comparable options right now, with asking prices between $225,000 and $289,000. 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 $310,887, is with a larger floor plan and no pool. The comp data here (7 sales in ELM RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus