127 Sendero CV, Cedar Creek TX 78612

After reviewing 7 recent transactions in 78612, I estimate this property's value at $525,681. A competitive list price for this home right now would fall in the $553,000 to $586,000 range. Relative to what's currently available in 78612, this home would be the most expensive of 2 comparable homes on the market. The larger floor plan (722 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (8.51 acres versus the area average of 4.14) contributes to the valuation. Right now, 2 similar properties are competing for buyers in 78612, listed between $380,000 and $574,900. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 546 Texas Oak DR, Cedar Creek TX 78612 carries an adjusted comparable value of $552,560, providing a strong data point. With 7 comparable sales in 78612, 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