153 Wright DR, Cedar Creek TX 78612

The estimated value of this property is $391,623, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $292,000 and $302,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in HERITAGE OAKS. At 1,601 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1994, this home is 20 years older than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in HERITAGE OAKS, listed between $299,000 and $449,000. Recent trends in HERITAGE OAKS show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 179 Misty LN, Cedar Creek TX 78612, with an adjusted value of $396,649; with a larger floor plan. Based on 4 relevant data points in HERITAGE OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX