241 Heritage Oaks DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $330,295. I'd recommend coming to market at $281,000 to $291,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in HERITAGE OAKS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (1,705 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1995, this home is 19 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in HERITAGE OAKS (a balanced market), competition is a factor to consider. The trend in HERITAGE OAKS shows prices have fallen 5.7% in the past 6 months. 195 Heritage Oaks DR, Cedar Creek TX 78612 nearby adjusts to $297,208; with a larger floor plan. Based on 4 relevant data points in HERITAGE OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX