226 W Oak LOOP, 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 $402,008. I'd recommend coming to market at $632,000 to $665,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BASTROP COUNTY WEST OAKS, this price point lands at the most affordable of 7 comparable homes on the market. The pool is a standout feature, with 4 of 4 comparable homes not offering one. Built in 1996, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BASTROP COUNTY WEST OAKS; a buyer's market based on recent absorption. The trend in 78612 shows prices have fallen 9.7% in the past 6 months. 112 Speegle CT, Cedar Creek TX 78612 nearby adjusts to $407,422; with a smaller floor plan and no pool. Based on 4 relevant data points in BASTROP COUNTY WEST OAKS, 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