162 Parkland DR, Cedar Creek TX 78612

Based on 4 closed sales in 78612, the data points to a value around $365,197 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $281,000 to $291,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78612's current inventory. This home's smaller footprint (171 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.04 acres versus 1.01 for the typical comp. Buyers in 78612 have 7 comparable options right now, with asking prices between $299,900 and $599,000. Market data shows 78612 prices fallen 4% over the last half year. The closest comparable sale, 112 Speegle CT, Cedar Creek TX 78612 at an adjusted $369,280, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in 78612. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group