172 Oak River DR, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $213,469. For a well positioned listing in ELM RIDGE, I'd target the $276,000 to $288,000 range. Among the similar homes currently available in ELM RIDGE, this price point stands out as competitive. The 112 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. 3 similar homes are currently available in ELM RIDGE, creating a buyer's market for this price range. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 110 Hummingbird CT, Cedar Creek TX 78612, with an adjusted value of $240,621; with a smaller floor plan. 3 comparable transactions in ELM RIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group