204 Arbor Hill WAY, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $440,575. For a well positioned listing in ARBOR HILLS, I'd target the $489,000 to $492,000 range. In the current ARBOR HILLS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (273 sqft vs the comp average) plays a role in how the market prices it. At 1.00 acres, the lot is smaller than the 2.17 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in ARBOR HILLS, ranging from $350,000 to $859,500. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 133 Deep Woods CT SE, Cedar Creek TX 78612, with an adjusted value of $491,955; with a smaller floor plan. 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