141 Chama DR, Cedar Creek TX 78612

The market data from 7 similar recent sales in RANCHO ENCINO SUB PHAS points to a value of approximately $326,938. To sell within a reasonable timeframe at fair market value, the $424,000 to $459,000 range is where I'd position this. With 3 comparable homes on the market in RANCHO ENCINO SUB PHAS, this price positions the property as the most affordable of 3 comparable homes on the market. At 1.26 acres, the lot is larger than the 0.87 acre comp average, which factors into pricing. 3 similar homes are currently available in RANCHO ENCINO SUB PHAS, creating a buyer's market for this price range. In 78612, home values have fallen approximately 9.7% over the past 6 months. One of the strongest data points is 113 Hayden CV, Cedar Creek TX 78612, adjusting to $266,870; with a smaller floor plan. The 7 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