155 Oak River DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $243,536. I'd recommend coming to market at $236,000 to $251,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78612, this price point stands out as competitive. The smaller floor plan (376 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2003, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 78612; a buyer's market based on recent absorption. The trend in 78612 shows prices have fallen 4% in the past 6 months. 129 Shadow Wood TRL, Cedar Creek TX 78612 nearby adjusts to $231,346; a strong comparable. Based on 7 relevant data points in 78612, 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