188 Still Forest DR, Cedar Creek TX 78612

The estimated value of this property is $499,430, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $353,000 and $363,000. With 7 comparable homes on the market in BLUEBONNET ACRES, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (1,040 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1972, this home is 21 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BLUEBONNET ACRES; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 356 Cedar LN, Cedar Creek TX 78612, with an adjusted value of $588,535; 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