3402 River RD, Cedar Creek TX 78612

The estimated value of this property is $318,915, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $310,000 and $312,000. Against 7 similar active listings in 78612, this price point lands at the most expensive of 7 comparable homes on the market. Built in 1980, this home is 38 years older than the average comp, which is reflected in the adjustments. The 0.59 acre lot (smaller than the 0.85 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78612, ranging from $299,900 to $550,000. Recent trends in 78612 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 121 Bonnellis Roost, Cedar Creek TX 78612, with an adjusted value of $295,290; a strong comparable. Based on 7 relevant data points in 78612, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX