175 Oak River DR, Cedar Creek TX 78612

After reviewing 7 recent transactions in ELM RIDGE, I estimate this property's value at $226,774. A competitive list price for this home right now would fall in the $236,000 to $292,000 range. Buyers shopping in ELM RIDGE right now would see this as a well positioned option among 2 comparable homes. The smaller floor plan (520 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.16 acres versus the area average of 0.31) contributes to the valuation. Buyers in ELM RIDGE have 2 comparable options right now, with asking prices between $225,000 and $350,000. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 106 N Mockingbird CIR, Cedar Creek TX 78612 carries an adjusted comparable value of $292,295, providing a strong data point. The comp data here (7 sales in ELM RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus