157 Heritage Oaks DR, Cedar Creek TX 78612

The market data from 3 similar recent sales in HERITAGE OAKS points to a value of approximately $380,041. To sell within a reasonable timeframe at fair market value, the $369,000 to $391,000 range is where I'd position this. With 1 comparable homes on the market in HERITAGE OAKS, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (987 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2001 construction puts this home 15 years older than the comp average, a factor in the pricing. Right now, 1 similar properties are competing for buyers in HERITAGE OAKS, listed between $480,000 and $480,000. In HERITAGE OAKS, home values have fallen approximately 2.1% over the past 6 months. One of the strongest data points is 195 Heritage Oaks DR, Cedar Creek TX 78612, adjusting to $381,856; with a smaller floor plan. 3 comparable transactions in HERITAGE OAKS 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