226 S Cedar Creek DR, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $391,087. To generate strong buyer interest while maximizing value, I'd price this between $383,000 and $399,000. Against 1 similar active listings in ADDISON LITTON, this price point lands at below the only comparable home currently on the market. At 410 sqft smaller than the typical comp, the size difference factors into the valuation. At 16.00 acres, the lot is larger than the 3.11 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in ADDISON LITTON; a buyer's market based on recent absorption. The trend in 78612 shows prices have fallen 0.6% in the past 6 months. 479 Mesquite DR, Cedar Creek TX 78612 nearby adjusts to $619,365; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group