132 Wright DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $338,351. I'd recommend coming to market at $348,000 to $395,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in HERITAGE OAKS, this price positions the property as the most expensive of 2 comparable homes on the market. At 1,497 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1996, this home is 18 years older than the average comp, which is reflected in the adjustments. There are currently 2 similar homes on the market in HERITAGE OAKS, ranging from $299,000 to $449,000. 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 $318,361; with a larger 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