324 Old 71, Cedar Creek TX 78612

The market data from 7 similar recent sales in PERSIMMON HILLS SOUTH points to a value of approximately $343,454. To sell within a reasonable timeframe at fair market value, the $325,000 to $484,000 range is where I'd position this. Against 6 similar active listings in PERSIMMON HILLS SOUTH, this price point lands at the 3rd most expensive of 6 comparable homes on the market. The 1974 construction puts this home 46 years older than the comp average, a factor in the pricing. At 3.43 acres, the lot is larger than the 1.95 acre comp average, which factors into pricing. With 6 similar homes currently listed in PERSIMMON HILLS SOUTH (a buyer's market), competition is a factor to consider. In 78612, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 356 Cedar LN, Cedar Creek TX 78612, adjusting to $534,679; a strong comparable. 7 comparable transactions in PERSIMMON HILLS SOUTH 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