3209 River RD, Cedar Creek TX 78612

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $279,647. To generate strong buyer interest while maximizing value, I'd price this between $271,000 and $288,000. Against 1 similar active listings in 78612, this price point lands at below the only comparable home currently on the market. The 1985 construction puts this home 33 years older than the comp average, a factor in the pricing. At 0.53 acres, the lot is larger than the 0.42 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in 78612; a buyer's market based on recent absorption. The trend in 78612 shows prices have fallen 4% in the past 6 months. 144 Boondoggle RDG, Cedar Creek TX 78612 nearby adjusts to $290,774; a strong comparable. 7 comparable transactions in 78612 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group