148 Caldwell Ranch RD, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $647,557. To generate strong buyer interest while maximizing value, I'd price this between $358,000 and $368,000. With 7 comparable homes on the market in 78612, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1985 construction puts this home 26 years older than the comp average, a factor in the pricing. At 5.00 acres, the lot is larger than the 1.42 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78612, listed between $377,990 and $750,000. The trend in 78612 shows prices have fallen 1.3% in the past 6 months. 112 Double Eagle Ranch DR, Cedar Creek TX 78612 nearby adjusts to $640,041; a strong comparable. 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