233 Mount Olive RD, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $293,904. To generate strong buyer interest while maximizing value, I'd price this between $319,000 and $337,000. With 3 comparable homes on the market in 78612, this price positions the property as the most affordable of 3 comparable homes on the market. This home's smaller footprint (335 sqft vs the comp average) plays a role in how the market prices it. The 1986 construction puts this home 26 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 78612, ranging from $298,000 to $419,000. 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 $351,435; a strong comparable. 7 comparable transactions in 78612 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group