185 Simpson Ave, Cedar Creek TX 78612

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $421,415. I'd recommend coming to market at $300,000 to $310,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in BASTROP COUNTY WEST, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 161 sqft size difference versus comparable sales is reflected in the adjusted values. The 5.30 acre lot (larger than the 1.72 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in BASTROP COUNTY WEST, ranging from $299,900 to $648,650. The trend in 78612 shows prices have fallen 4% in the past 6 months. 258 W Oak LOOP, Cedar Creek TX 78612 nearby adjusts to $402,180; with a smaller floor plan. With 7 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