154 Maegan LN, Cedar Creek TX 78612

The market data from 4 similar recent sales in HERITAGE OAKS points to a value of approximately $351,046. To sell within a reasonable timeframe at fair market value, the $303,000 to $313,000 range is where I'd position this. In the current HERITAGE OAKS market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's smaller footprint (1,489 sqft vs the comp average) plays a role in how the market prices it. The 1999 construction puts this home 15 years older than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in HERITAGE OAKS, ranging from $299,000 to $474,900. In HERITAGE OAKS, home values have fallen approximately 15.8% over the past 6 months. One of the strongest data points is 195 Heritage Oaks DR, Cedar Creek TX 78612, adjusting to $329,737; with a larger floor plan. The 4 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