182 Jeffery DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $380,456. I'd recommend coming to market at $369,000 to $392,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in HERITAGE OAKS, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (841 sqft vs the comp average) plays a role in how the market prices it. Built in 2001, this home is 13 years older than the average comp, which is reflected in the adjustments. There are currently 1 similar homes on the market in HERITAGE OAKS, ranging from $480,000 to $480,000. The trend in HERITAGE OAKS shows prices have fallen 5.7% in the past 6 months. 195 Heritage Oaks DR, Cedar Creek TX 78612 nearby adjusts to $393,187; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group