224 Pope Bend South RD, Cedar Creek TX 78612

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $395,977. I'd recommend coming to market at $308,000 to $318,000 to strike the right balance between value and market velocity. Against 3 similar active listings in BASTROP COUNTY WEST, this price point lands at the most expensive of 3 comparable homes on the market. The 371 sqft size difference versus comparable sales is reflected in the adjusted values. The 5.79 acre lot (larger than the 1.81 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in BASTROP COUNTY WEST; a buyer's market based on recent absorption. The trend in 78612 shows prices have fallen 4% in the past 6 months. 182 Lake Front DR, Cedar Creek TX 78612 nearby adjusts to $446,786; a strong comparable. Based on 7 relevant data points in BASTROP COUNTY WEST, 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