159 Parkland DR, Cedar Creek TX 78612

The estimated value of this property is $484,353, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $371,000 and $381,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in MEADOWS OF HOBBS CREEK. This home's larger footprint (432 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 6 of 6 comparable homes not offering one. Current inventory shows 7 comparable homes in MEADOWS OF HOBBS CREEK; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 135 Parkland DR, Cedar Creek TX 78612, with an adjusted value of $501,207; with no pool. With 6 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