127 Reeves LN, Cedar Creek TX 78612

The market data from 7 similar recent sales in THOUSAND OAKS points to a value of approximately $308,095. To sell within a reasonable timeframe at fair market value, the $233,000 to $243,000 range is where I'd position this. Among the similar homes currently available in THOUSAND OAKS, this price point stands out as competitive. Being 117 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1983 construction puts this home 20 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in THOUSAND OAKS; a buyer's market based on recent absorption. In THOUSAND OAKS, home values have risen approximately 0.9% over the past 6 months. One of the strongest data points is 144 Forest Lake DR, Del Valle TX 78617, adjusting to $188,290; with a larger floor plan. The 7 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