135 OAK RIVER DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $233,236. I'd recommend coming to market at $265,000 to $278,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in ELM RIDGE, this price positions the property as the most affordable of 2 comparable homes on the market. This home's smaller footprint (107 sqft vs the comp average) plays a role in how the market prices it. 2 similar homes are currently available in ELM RIDGE, creating a buyer's market for this price range. The trend in 78612 shows prices have fallen 5.6% in the past 6 months. 129 Shadow Wood TRL, Cedar Creek TX 78612 nearby adjusts to $249,060; a strong comparable. 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