368 Riddle RD, Cedar Creek TX 78612

The market data from 7 similar recent sales in ARTESIAN OAKS points to a value of approximately $329,201. To sell within a reasonable timeframe at fair market value, the $319,000 to $339,000 range is where I'd position this. With 1 comparable homes on the market in ARTESIAN OAKS, this price positions the property as below the only comparable home currently on the market. The larger floor plan (1,079 sqft compared to the average comp) is a meaningful differentiator in this price range. At 2.17 acres, the lot is larger than the 1.66 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in ARTESIAN OAKS, listed between $380,000 and $380,000. In 78612, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 308 Riddle RD, Cedar Creek TX 78612, adjusting to $452,687; with a smaller floor plan. 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