170 Oak River DR, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $250,559. To generate strong buyer interest while maximizing value, I'd price this between $243,000 and $258,000. Among the similar homes currently available in ELM RIDGE, this price point stands out as competitive. At 106 sqft larger than the typical comp, the size difference factors into the valuation. At 0.28 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. The active market in ELM RIDGE includes 2 comparable homes priced from $249,990 to $289,900. The trend in 78612 shows prices have fallen 4% in the past 6 months. 103 Winecup PATH, Cedar Creek TX 78612 nearby adjusts to $193,841; a strong comparable. The 3 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