3116 River RD, Cedar Creek TX 78612

After reviewing 7 recent transactions in COLORADO RIVER RANCHETTES UNIT, I estimate this property's value at $290,386. A competitive list price for this home right now would fall in the $282,000 to $299,000 range. This home's position in the current COLORADO RIVER RANCHETTES UNIT market: below the only comparable home currently on the market among comparable properties. At 45 years older than typical comps, the 1972 build date influences the valuation. The larger lot (2.00 acres versus the area average of 0.20) contributes to the valuation. Buyers in COLORADO RIVER RANCHETTES UNIT have 1 comparable options right now, with asking prices between $385,000 and $385,000. Prices in 78612 have fallen 0.8% over the last 6 months. A similar home at 3122 River RD, Cedar Creek TX 78612 carries an adjusted comparable value of $287,140, providing a strong data point. With 7 comparable sales in COLORADO RIVER RANCHETTES UNIT, 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