321 Linam LN, Cedar Creek TX 78612

After reviewing 3 recent transactions in WELCHMEYER, J, I estimate this property's value at $421,905. A competitive list price for this home right now would fall in the $258,000 to $268,000 range. This home's position in the current WELCHMEYER, J market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. At 166 sqft larger than the typical comp, the size difference factors into the valuation. At 7 years older than typical comps, the 1986 build date influences the valuation. There are currently 5 similar homes on the market in WELCHMEYER, J, ranging from $240,000 to $995,000. Prices in 78612 have fallen 4% over the last 6 months. A similar home at 912 FM 812, Red Rock TX 78662 carries an adjusted comparable value of $498,444, providing a strong data point. With 3 comparable sales in WELCHMEYER, J, 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