130 Billingsley HTS, Cedar Creek TX 78612

After reviewing 4 recent transactions in HOMESTEAD, I estimate this property's value at $398,243. A competitive list price for this home right now would fall in the $404,000 to $412,000 range. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in HOMESTEAD's current inventory. The 123 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (1.46 acres versus the area average of 1.05) contributes to the valuation. The active market in HOMESTEAD includes 5 comparable homes priced from $356,000 to $490,000. Prices in HOMESTEAD have risen 6.8% over the last 6 months. A similar home at 112 Speegle CT, Cedar Creek TX 78612 carries an adjusted comparable value of $404,008, providing a strong data point. With 4 comparable sales in HOMESTEAD, 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