131 Oak River DR, Cedar Creek TX 78612

Based on 7 closed sales in ELM RIDGE, the data points to a value around $181,285 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $225,000 to $233,000. Buyers shopping in ELM RIDGE right now would see this as a well positioned option among 3 comparable homes. At 276 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.15 acres versus 0.36 for the typical comp. Right now, 3 similar properties are competing for buyers in ELM RIDGE, listed between $223,900 and $415,000. Market data shows 78612 prices fallen 0.6% over the last half year. The closest comparable sale, 110 Hummingbird CT, Cedar Creek TX 78612 at an adjusted $233,207, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus