137 Oak River DR, Cedar Creek TX 78612

After reviewing 7 recent transactions in ELM RIDGE, I estimate this property's value at $242,538. A competitive list price for this home right now would fall in the $205,000 to $215,000 range. This home's position in the current ELM RIDGE market: the most expensive of 3 comparable homes on the market among comparable properties. Being 197 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.14 acres versus the area average of 0.97) contributes to the valuation. The active market in ELM RIDGE includes 3 comparable homes priced from $223,900 to $279,900. Prices in 78612 have fallen 0.3% over the last 6 months. A similar home at 110 Hummingbird CT, Cedar Creek TX 78612 carries an adjusted comparable value of $235,839, providing a strong data point. The comp data here (7 sales in ELM RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus