305 Cedar LN, 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 $495,086. I'd recommend coming to market at $297,000 to $307,000 to strike the right balance between value and market velocity. In the current BLUEBONNET ACRES market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 158 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1985, this home is 13 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in BLUEBONNET ACRES, listed between $299,900 and $648,650. The trend in 78612 shows prices have fallen 4% in the past 6 months. 356 Cedar LN, Cedar Creek TX 78612 nearby adjusts to $578,228; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group