234 Lake View DR # B, Cedar Creek TX 78612

The market data from 7 similar recent sales in BLUEBONNET ACRES points to a value of approximately $358,857. To sell within a reasonable timeframe at fair market value, the $425,000 to $427,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in BLUEBONNET ACRES. At 1.20 acres, the lot is larger than the 1.13 acre comp average, which factors into pricing. With 7 similar homes currently listed in BLUEBONNET ACRES (a balanced market), competition is a factor to consider. In BLUEBONNET ACRES, home values have risen approximately 23% over the past 6 months. One of the strongest data points is 161 Still Forest DR, Cedar Creek TX 78612, adjusting to $436,342; with a larger floor plan. 7 comparable transactions in BLUEBONNET ACRES 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