167 Alum Creek DR, 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 $259,829. I'd recommend coming to market at $275,000 to $284,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in ALUM CREEK ESTATES, this price positions the property as the most affordable of 2 comparable homes on the market. This home's smaller footprint (121 sqft vs the comp average) plays a role in how the market prices it. Built in 1995, this home is 10 years newer than the average comp, which is reflected in the adjustments. With 2 similar homes currently listed in ALUM CREEK ESTATES (a buyer's market), competition is a factor to consider. The trend in 78612 shows prices have fallen 4% in the past 6 months. 141 Live Oak DR, Cedar Creek TX 78612 nearby adjusts to $274,382; a strong comparable. 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