132 Shadow Wood TRL, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $210,543. For a well positioned listing in ELM RIDGE, I'd target the $204,000 to $217,000 range. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in ELM RIDGE. At 465 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.14 acres, the lot is smaller than the 1.02 acre comp average, which factors into pricing. The active market in ELM RIDGE includes 1 comparable homes priced from $279,900 to $279,900. Recent trends in 78612 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 107 Oriole CV, Cedar Creek TX 78612, with an adjusted value of $134,540; a strong comparable. The 7 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