125 Turkey RUN, Cedar Creek TX 78612

After reviewing 3 recent transactions in ARTESIAN OAKS, I estimate this property's value at $306,914. A competitive list price for this home right now would fall in the $298,000 to $316,000 range. Relative to what's currently available in ARTESIAN OAKS, this home would be the most affordable of 2 comparable homes on the market. At 260 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (2.00 acres versus the area average of 2.31) contributes to the valuation. Right now, 2 similar properties are competing for buyers in ARTESIAN OAKS, listed between $450,000 and $795,000. Prices in 78612 have fallen 5.9% over the last 6 months. A similar home at 112 Spring Creek CV, Cedar Creek TX 78612 carries an adjusted comparable value of $333,645, providing a strong data point. With 3 comparable sales in ARTESIAN OAKS, 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