221 Las Estancias DR, Cedar Creek TX 78612

The estimated value of this property is $227,310, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $274,000 and $280,000. Against 2 similar active listings in SANTA FE ESTATES, this price point lands at the most affordable of 2 comparable homes on the market. Being 141 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.53 acre lot (smaller than the 0.80 acre average) is reflected in the estimate. With 2 similar homes currently listed in SANTA FE ESTATES (a buyer's market), competition is a factor to consider. Recent trends in 78612 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 284 Gato RD, Cedar Creek TX 78612, with an adjusted value of $280,337; a strong comparable. Based on 7 relevant data points in SANTA FE ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX