189 Lake View DR, Cedar Creek TX 78612

The market data from 7 similar recent sales in BLUEBONNET ACRES points to a value of approximately $291,830. To sell within a reasonable timeframe at fair market value, the $237,000 to $247,000 range is where I'd position this. Against 2 similar active listings in BLUEBONNET ACRES, this price point lands at the most expensive of 2 comparable homes on the market. The 1977 construction puts this home 21 years older than the comp average, a factor in the pricing. At 1.30 acres, the lot is smaller than the 3.23 acre comp average, which factors into pricing. With 2 similar homes currently listed in BLUEBONNET ACRES (a buyer's market), competition is a factor to consider. In 78612, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 104 Blue Flame RD, Cedar Creek TX 78612, adjusting to $303,542; 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