375 Lake View DR, Cedar Creek TX 78612

The estimated value of this property is $368,010, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $236,000 and $246,000. With 2 comparable homes on the market in BLUEBONNET ACRES, this price positions the property as the most expensive of 2 comparable homes on the market. Being 661 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1971, this home is 16 years older than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in BLUEBONNET ACRES, listed between $224,900 and $274,900. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 104 Blue Flame RD, Cedar Creek TX 78612, with an adjusted value of $311,310; with a larger floor plan. Based on 7 relevant data points in BLUEBONNET ACRES, 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