166 W Ridge DR, Cedar Creek TX 78612

Based on 3 closed sales in WEST RIDGE, the data points to a value around $324,356 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $332,000 to $376,000. Relative to what's currently available in WEST RIDGE, this home would be the most expensive of 3 comparable homes on the market. Being built in 1985 (9 years older than comps) is factored into the value estimate. Lot size matters here: 2.01 acres versus 1.86 for the typical comp. Current inventory shows 3 comparable homes in WEST RIDGE; a buyer's market based on recent absorption. Market data shows 78612 prices fallen 4% over the last half year. The closest comparable sale, 182 Lake Front DR, Cedar Creek TX 78612 at an adjusted $375,821, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus