237 Union Chapel RD, Cedar Creek TX 78612

My analysis of 7 comparable properties puts this home's estimated value at $351,382. Based on how the local market is moving, a list price between $351,000 and $377,000 would position this home well. This home's position in the current LYNNWOOD market: the most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (209 sqft compared to the average comp) is a meaningful differentiator in this price range. At 18 years older than typical comps, the 1985 build date influences the valuation. Current inventory shows 3 comparable homes in LYNNWOOD; a buyer's market based on recent absorption. The 6 month price trend in 78612: fallen 6.3%. The best comp here is 255 W Oak LOOP, Cedar Creek TX 78612 at an adjusted value of $319,575, a strong comparable. The comp data here (7 sales in LYNNWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus