139 UNIVERSITY RD, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $305,928. To generate strong buyer interest while maximizing value, I'd price this between $297,000 and $315,000. In the current 78612 market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. This home's smaller footprint (128 sqft vs the comp average) plays a role in how the market prices it. At 2.00 acres, the lot is larger than the 1.57 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78612; a buyer's market based on recent absorption. The trend in 78612 shows prices have fallen 4% in the past 6 months. 255 W Oak LOOP, Cedar Creek TX 78612 nearby adjusts to $355,103; a strong comparable. 5 comparable transactions in 78612 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group