233 Union Chapel RD, Cedar Creek TX 78612

Based on 7 closed sales in 78612, the data points to a value around $317,691 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $322,000 to $342,000. Buyers shopping in 78612 right now would see this as a well positioned option among 2 comparable homes. Being 106 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1992 (10 years older than comps) is factored into the value estimate. Current inventory shows 2 comparable homes in 78612; a buyer's market based on recent absorption. Market data shows 78612 prices fallen 4.6% over the last half year. The closest comparable sale, 104 Blue Flame RD, Cedar Creek TX 78612 at an adjusted $341,694, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78612. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group