130 Hay MDW, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $355,877. For a well positioned listing in 78612, I'd target the $269,000 to $279,000 range. With 7 comparable homes on the market in 78612, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (276 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.08 acres, the lot is smaller than the 1.12 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78612; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 213 Martin Crossing DR, Cedar Creek TX 78612, with an adjusted value of $361,761; with a larger floor plan. The 5 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