219 E MCDONALD LN, Cedar Creek TX 78612

The market data from 7 similar recent sales in 78612 points to a value of approximately $321,928. To sell within a reasonable timeframe at fair market value, the $319,000 to $362,000 range is where I'd position this. In the current 78612 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's smaller footprint (517 sqft vs the comp average) plays a role in how the market prices it. The 1969 construction puts this home 26 years older than the comp average, a factor in the pricing. Current inventory shows 2 comparable homes in 78612; a buyer's market based on recent absorption. In 78612, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 282 Hershal LN, Cedar Creek TX 78612, adjusting to $177,559; a strong comparable. 7 comparable transactions in 78612 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