205 Spring Creek DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $371,217. I'd recommend coming to market at $266,000 to $276,000 to strike the right balance between value and market velocity. In the current HIGH VIEW RANCH market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (216 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2.33 acre lot (larger than the 1.88 acre average) is reflected in the estimate. With 4 similar homes currently listed in HIGH VIEW RANCH (a buyer's market), competition is a factor to consider. The trend in HIGH VIEW RANCH shows prices have fallen 2.2% in the past 6 months. 112 Spring Creek CV, Cedar Creek TX 78612 nearby adjusts to $378,980; with a smaller floor plan. With 5 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