284 Watts LN, Cedar Creek TX 78612

My analysis of 7 comparable properties puts this home's estimated value at $394,739. Based on how the local market is moving, a list price between $329,000 and $339,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in VALLEY CREEK RANCH's current inventory. Having a pool is a plus; 7 of the 7 comps lacked one. The larger lot (6.12 acres versus the area average of 3.15) contributes to the valuation. 3 similar homes are currently available in VALLEY CREEK RANCH, creating a buyer's market for this price range. The 6 month price trend in 78612: fallen 9.7%. The best comp here is 255 Mesquite DR, Cedar Creek TX 78612 at an adjusted value of $533,161, with a larger floor plan and no pool. With 7 comparable sales in VALLEY CREEK RANCH, 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