237 E McDonald LN, Cedar Creek TX 78612

The market data from 4 similar recent sales in LEVERENCE points to a value of approximately $342,091. To sell within a reasonable timeframe at fair market value, the $286,000 to $296,000 range is where I'd position this. Against 7 similar active listings in LEVERENCE, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 2006 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 1.80 acres, the lot is larger than the 1.63 acre comp average, which factors into pricing. The active market in LEVERENCE includes 7 comparable homes priced from $299,900 to $520,000. In 78612, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 163 S Ridge DR, Cedar Creek TX 78612, adjusting to $365,088; a strong comparable. 4 comparable transactions in LEVERENCE 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