163 Colorado CIR, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $271,369. For a well positioned listing in 78612, I'd target the $262,000 to $293,000 range. Against 0 similar active listings in 78612, this price point lands at no active comparable homes on the market. The 1993 construction puts this home 22 years older than the comp average, a factor in the pricing. At 0.59 acres, the lot is smaller than the 2.26 acre comp average, which factors into pricing. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 885 Shiloh RD, Bastrop TX 78602, with an adjusted value of $254,922; a strong comparable. The 7 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