132 S Mockingbird CIR, Cedar Creek TX 78612

My analysis of 7 comparable properties puts this home's estimated value at $256,073. Based on how the local market is moving, a list price between $279,000 and $292,000 would position this home well. This pricing would rank the home as the most affordable of 2 comparable homes on the market in ELM RIDGE's current inventory. At 19 years newer than typical comps, the 2019 build date influences the valuation. The smaller lot (0.16 acres versus the area average of 0.50) contributes to the valuation. With 2 similar homes currently listed in ELM RIDGE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78612: fallen 4%. The best comp here is 106 N Mockingbird CIR, Cedar Creek TX 78612 at an adjusted value of $348,665, with a smaller floor plan. The comp data here (7 sales in ELM RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus