272 Old 71, Cedar Creek TX 78612

After reviewing 7 recent transactions in PERSIMMON HILLS SOUTH, I estimate this property's value at $319,071. A competitive list price for this home right now would fall in the $389,000 to $392,000 range. This would position the home competitively among 5 active listings in PERSIMMON HILLS SOUTH. At 13 years older than typical comps, the 1998 build date influences the valuation. The larger lot (1.81 acres versus the area average of 0.89) contributes to the valuation. There are currently 5 similar homes on the market in PERSIMMON HILLS SOUTH, ranging from $399,000 to $550,000. Prices in 78612 have fallen 4.6% over the last 6 months. A similar home at 153 Angelia DR, Cedar Creek TX 78612 carries an adjusted comparable value of $273,521, providing a strong data point. With 7 comparable sales in PERSIMMON HILLS SOUTH, 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