16 MCLOED PL, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $404,614. To generate strong buyer interest while maximizing value, I'd price this between $480,000 and $611,000. In the current HOMESTEAD market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 1.43 acres, the lot is larger than the 1.07 acre comp average, which factors into pricing. 7 similar homes are currently available in HOMESTEAD, creating a seller's market for this price range. The trend in HOMESTEAD shows prices have risen 6.8% in the past 6 months. 112 Speegle CT, Cedar Creek TX 78612 nearby adjusts to $407,743; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group