130 Elm DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $364,574. I'd recommend coming to market at $437,000 to $551,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in HERITAGE OAKS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1,057 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2002, this home is 12 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in HERITAGE OAKS, ranging from $299,900 to $995,000. The trend in HERITAGE OAKS shows prices have fallen 5.7% in the past 6 months. 195 Heritage Oaks DR, Cedar Creek TX 78612 nearby adjusts to $367,711; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group