198 Mesquite, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $505,558. To generate strong buyer interest while maximizing value, I'd price this between $425,000 and $435,000. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in MESQUITE ACRES. The 204 sqft size difference versus comparable sales is reflected in the adjusted values. At 10.00 acres, the lot is larger than the 5.34 acre comp average, which factors into pricing. The active market in MESQUITE ACRES includes 6 comparable homes priced from $415,000 to $2,499,900. The trend in 78612 shows prices have fallen 1.3% in the past 6 months. 255 Mesquite DR, Cedar Creek TX 78612 nearby adjusts to $610,522; with a smaller floor plan. 7 comparable transactions in MESQUITE ACRES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group