1425 Highway 21 W, Cedar Creek TX 78612

After reviewing 7 recent transactions in 78612, I estimate this property's value at $505,548. A competitive list price for this home right now would fall in the $360,000 to $370,000 range. This home's position in the current 78612 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The 580 sqft size difference versus comparable sales is reflected in the adjusted values. At 6 years older than typical comps, the 2001 build date influences the valuation. With 4 similar homes currently listed in 78612 (a buyer's market), competition is a factor to consider. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 179 Misty LN, Cedar Creek TX 78612 carries an adjusted comparable value of $498,794, providing a strong data point. With 7 comparable sales in 78612, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group