161 Misty LN, Cedar Creek TX 78612

The market data from 4 similar recent sales in HERITAGE OAKS points to a value of approximately $345,918. To sell within a reasonable timeframe at fair market value, the $336,000 to $356,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in HERITAGE OAKS. Being 1,209 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1994 construction puts this home 20 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in HERITAGE OAKS, ranging from $299,900 to $995,000. In HERITAGE OAKS, home values have fallen approximately 1.7% over the past 6 months. One of the strongest data points is 195 Heritage Oaks DR, Cedar Creek TX 78612, adjusting to $343,641; a strong comparable. The 4 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