199 Oak River DR, Cedar Creek TX 78612

Based on 3 closed sales in ELM RIDGE, the data points to a value around $252,114 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $260,000 to $265,000. Buyers shopping in ELM RIDGE right now would see this as a well positioned option among 4 comparable homes. With 4 similar homes currently listed in ELM RIDGE (a buyer's market), competition is a factor to consider. Market data shows 78612 prices fallen 4% over the last half year. The closest comparable sale, 110 Hummingbird CT, Cedar Creek TX 78612 at an adjusted $232,331, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in ELM RIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group