141 Colorado CIR, Cedar Creek TX 78612

The market data from 7 similar recent sales in RIVER OAKS points to a value of approximately $213,922. To sell within a reasonable timeframe at fair market value, the $234,000 to $252,000 range is where I'd position this. With 0 comparable homes on the market in RIVER OAKS, this price positions the property as no active comparable homes on the market. The 1975 construction puts this home 21 years older than the comp average, a factor in the pricing. At 1.58 acres, the lot is larger than the 1.19 acre comp average, which factors into pricing. In RIVER OAKS, home values have risen approximately 180.4% over the past 6 months. One of the strongest data points is 104 Blue Flame RD, Cedar Creek TX 78612, adjusting to $287,822; with a larger floor plan. 7 comparable transactions in RIVER OAKS 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