182 Billingsley HTS, Cedar Creek TX 78612

My analysis of 7 comparable properties puts this home's estimated value at $494,686. Based on how the local market is moving, a list price between $392,000 and $402,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78612's current inventory. The larger floor plan (735 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (1.00 acres versus the area average of 1.46) contributes to the valuation. There are currently 3 similar homes on the market in 78612, ranging from $330,000 to $795,000. The 6 month price trend in 78612: fallen 4%. The best comp here is 177 BILLINGSLEY HTS, Cedar Creek TX 78612 at an adjusted value of $505,350, with a smaller floor plan. With 7 comparable sales in 78612, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group