157 Oak River DR, Cedar Creek TX 78612

The market data from 3 similar recent sales in ELM RIDGE points to a value of approximately $246,224. To sell within a reasonable timeframe at fair market value, the $273,000 to $284,000 range is where I'd position this. Among the similar homes currently available in ELM RIDGE, this price point stands out as competitive. At 236 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 3 similar properties are competing for buyers in ELM RIDGE, listed between $249,990 and $289,900. In 78612, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 115 Oriole CV, Cedar Creek TX 78612, adjusting to $283,981; with a smaller floor plan. 3 comparable transactions in ELM RIDGE 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