Ed's Opinion of Value

$119,986 Ed's Estimate: $281,586 $795,000
Lowest Comp Recommended List: $360,000 to $439,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $281,586. To generate strong buyer interest while maximizing value, I'd price this between $360,000 and $439,000. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in 78612. The 146 sqft size difference versus comparable sales is reflected in the adjusted values. At 2.00 acres, the lot is larger than the 1.30 acre comp average, which factors into pricing. The active market in 78612 includes 2 comparable homes priced from $450,000 to $795,000. The trend in 78612 shows prices have fallen 4% in the past 6 months. 113 Hayden CV, Cedar Creek TX 78612 nearby adjusts to $248,525; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,568 Sq Ft
2 Acres
2003 Built

About This Property

Investors priced to sell. Lots of work to get this property in livable condition. This property is eligible under the FreddieMac First Look Initiative through 01/26/2014. (20days from initial MLS list date). Investor offers will be looked at beginning 01/27/2014. Property has 3 delapidated SWs and lots of trash on it.Restrictions: Yes

Features

  • Breakfast Bar
  • In-Law Floorplan
  • Multiple Dining Areas
  • No Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Bastrop ISD
Elementary Cedar Creek
Middle School Cedar Creek
High School Cedar Creek

Property Details

Property Type Residential
Flooring Linoleum, No Carpet
Cooling None
Heating Baseboard
Exterior Exterior Steps
County Bastrop
MLS # 9292251

Listing History

MLS# 9292251 17 days
Feb 24, 2014 Off Market
Jan 24, 2014 Pending
Jan 7, 2014 Listed $29,900

Frequently Asked Questions About 302 Riddle RD, Cedar Creek TX 78612

When was 302 Riddle RD, Cedar Creek TX 78612 built?

302 Riddle RD, Cedar Creek TX 78612 was built in 2003.

How much does 302 Riddle RD, Cedar Creek TX 78612 cost?

302 Riddle RD, Cedar Creek TX 78612 sold on February 24, 2014. Contact us for sale price details.

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