157 Simpson Ave, 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 $389,309. I'd recommend coming to market at $513,000 to $546,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in BASTROP COUNTY WEST. The 5.00 acre lot (larger than the 1.73 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in BASTROP COUNTY WEST; a buyer's market based on recent absorption. The trend in 78612 shows prices have fallen 9.7% in the past 6 months. 258 W Oak LOOP, Cedar Creek TX 78612 nearby adjusts to $370,984; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group