307 Colorado DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $666,153. I'd recommend coming to market at $718,000 to $743,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in RIVER CROSSING, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (186 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2.02 acre lot (larger than the 1.85 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in RIVER CROSSING, ranging from $698,900 to $1,190,000. The trend in RIVER CROSSING shows prices have fallen 3.5% in the past 6 months. 177 Colorado DR, Cedar Creek TX 78612 nearby adjusts to $743,274; with a smaller floor plan. With 5 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