266 High View Ranch DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $451,315. I'd recommend coming to market at $385,000 to $395,000 to strike the right balance between value and market velocity. Against 2 similar active listings in 78612, this price point lands at the most expensive of 2 comparable homes on the market. This home's larger footprint (199 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 6 of 7 comparable homes not offering one. Right now, 2 similar properties are competing for buyers in 78612, listed between $350,000 and $510,000. The trend in 78612 shows prices have fallen 4.6% in the past 6 months. 243 Texas Oak DR, Cedar Creek TX 78612 nearby adjusts to $348,687; with a larger floor plan and no pool. Based on 7 relevant data points in 78612, 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