185 Old 71, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $805,432. For a well positioned listing in JONES, JOHN, I'd target the $665,000 to $675,000 range. Against 3 similar active listings in JONES, JOHN, this price point lands at the most expensive of 3 comparable homes on the market. The larger floor plan (470 sqft compared to the average comp) is a meaningful differentiator in this price range. At 18.00 acres, the lot is larger than the 2.08 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in JONES, JOHN, listed between $679,642 and $775,000. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 130 Sabine DR, Cedar Creek TX 78612, with an adjusted value of $790,630; a strong comparable. 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