3527 River, Cedar Creek TX 78612

The market data from 7 similar recent sales in RANCHETTES points to a value of approximately $225,594. To sell within a reasonable timeframe at fair market value, the $236,000 to $237,000 range is where I'd position this. With 2 comparable homes on the market in RANCHETTES, this price positions the property as the most affordable of 2 comparable homes on the market. The 1993 construction puts this home 29 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in RANCHETTES, listed between $279,990 and $319,990. In 78612, home values have fallen approximately 1% over the past 6 months. One of the strongest data points is 110 Hummingbird CT, Cedar Creek TX 78612, adjusting to $217,646; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group