134 Maegan LN, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $349,550. For a well positioned listing in HERITAGE OAKS, I'd target the $281,000 to $291,000 range. With 3 comparable homes on the market in HERITAGE OAKS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (1,705 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1997 construction puts this home 17 years older than the comp average, a factor in the pricing. The active market in HERITAGE OAKS includes 3 comparable homes priced from $299,000 to $449,000. Recent trends in HERITAGE OAKS show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 179 Misty LN, Cedar Creek TX 78612, with an adjusted value of $361,096; with a larger floor plan. The 4 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