153 Cotton Top DR, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $322,704. For a well positioned listing in 78612, I'd target the $469,000 to $482,000 range. Against 7 similar active listings in 78612, this price point lands at the most affordable of 7 comparable homes on the market. The 1994 construction puts this home 16 years older than the comp average, a factor in the pricing. At 4.75 acres, the lot is larger than the 0.78 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78612 (a buyer's market), competition is a factor to consider. Recent trends in 78612 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 258 W Oak LOOP, Cedar Creek TX 78612, with an adjusted value of $394,254; with a smaller floor plan. 7 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