137 Cedar LN, Cedar Creek TX 78612

The estimated value of this property is $418,576, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $427,000 and $508,000. With 4 comparable homes on the market in BLUEBONNET ACRES, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 381 sqft size difference versus comparable sales is reflected in the adjusted values. The 1.05 acre lot (smaller than the 4.18 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in BLUEBONNET ACRES, ranging from $399,000 to $499,000. Recent trends in 78612 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 356 Cedar LN, Cedar Creek TX 78612, with an adjusted value of $565,096; with a smaller floor plan. With 7 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