163 Maegan LN, Cedar Creek TX 78612

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $351,926. I'd recommend coming to market at $303,000 to $313,000 to strike the right balance between value and market velocity. In the current HERITAGE OAKS market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The smaller floor plan (1,491 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1998, this home is 16 years older than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in HERITAGE OAKS, listed between $299,000 and $449,000. The trend in HERITAGE OAKS shows prices have fallen 5.7% in the past 6 months. 195 Heritage Oaks DR, Cedar Creek TX 78612 nearby adjusts to $329,340; with a larger floor plan. With 4 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