316 Riddle RD, Cedar Creek TX 78612

The comparable sales data (7 recent transactions in ARTESIAN OAKS) supports an estimated value of $300,580. The data suggests a list price between $308,000 and $350,000 would attract qualified buyers without leaving money on the table. This home's position in the current ARTESIAN OAKS market: the most expensive of 2 comparable homes on the market among comparable properties. Being built in 1985 (6 years older than comps) is factored into the value estimate. Lot size matters here: 2.00 acres versus 2.82 for the typical comp. Current inventory shows 2 comparable homes in ARTESIAN OAKS; a buyer's market based on recent absorption. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 240 Riddle RD, Cedar Creek TX 78612 carries an adjusted comparable value of $307,788, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in ARTESIAN OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group