1771 Fm 812, Cedar Creek TX 78612

The market data from 7 similar recent sales in 78612 points to a value of approximately $313,449. To sell within a reasonable timeframe at fair market value, the $330,000 to $457,000 range is where I'd position this. With 0 comparable homes on the market in 78612, this price positions the property as no active comparable homes on the market. This home's smaller footprint (558 sqft vs the comp average) plays a role in how the market prices it. The 2001 construction puts this home 6 years newer than the comp average, a factor in the pricing. In 78612, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 123 Scarlet Oaks DR, Dale TX 78616, adjusting to $96,700; with a larger floor plan. The 7 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