154 Parkland DR, Cedar Creek TX 78612

After reviewing 4 recent transactions in S8046 - THE MEADOWS OF HOBBS CREEK, I estimate this property's value at $424,238. A competitive list price for this home right now would fall in the $500,000 to $515,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in S8046 - THE MEADOWS OF HOBBS CREEK's current inventory. The smaller lot (1.00 acres versus the area average of 1.05) contributes to the valuation. There are currently 7 similar homes on the market in S8046 - THE MEADOWS OF HOBBS CREEK, ranging from $415,790 to $895,000. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 177 BILLINGSLEY HTS, Cedar Creek TX 78612 carries an adjusted comparable value of $428,322, providing a strong data point. With 4 comparable sales in S8046 - THE MEADOWS OF HOBBS CREEK, 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