21B MURCHISON DR, Cedar Creek TX 78612

Based on 5 closed sales in HOMESTEAD, the data points to a value around $504,655 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $380,000 to $390,000. This would position the home competitively among 7 active listings in HOMESTEAD. At 434 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 3.18 acres versus 1.94 for the typical comp. 7 similar homes are currently available in HOMESTEAD, creating a seller's market for this price range. Market data shows HOMESTEAD prices risen 6.8% over the last half year. The closest comparable sale, 177 BILLINGSLEY HTS, Cedar Creek TX 78612 at an adjusted $538,422, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in HOMESTEAD. 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