241 Pope BND, Cedar Creek TX 78612

My analysis of 7 comparable properties puts this home's estimated value at $471,332. Based on how the local market is moving, a list price between $405,000 and $415,000 would position this home well. Relative to what's currently available in 78612, this home would be the 3rd most expensive of 7 comparable homes on the market. At 9 years older than typical comps, the 1999 build date influences the valuation. The larger lot (3.83 acres versus the area average of 1.89) contributes to the valuation. Current inventory shows 7 comparable homes in 78612; a buyer's market based on recent absorption. The 6 month price trend in 78612: fallen 4%. The best comp here is 112 Speegle CT, Cedar Creek TX 78612 at an adjusted value of $449,996, a strong comparable. With 7 comparable sales in 78612, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group