212 Jeffrey DR, Cedar Creek TX 78612

Based on 4 closed sales in HERITAGE OAKS, the data points to a value around $369,985 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $305,000 to $315,000. This home's position in the current HERITAGE OAKS market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. The smaller floor plan (1,209 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2008 (6 years older than comps) is factored into the value estimate. With 6 similar homes currently listed in HERITAGE OAKS (a balanced market), competition is a factor to consider. Market data shows HERITAGE OAKS prices fallen 5.7% over the last half year. The closest comparable sale, 195 Heritage Oaks DR, Cedar Creek TX 78612 at an adjusted $366,154, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in HERITAGE OAKS. 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