378 Union Chapel RD, Cedar Creek TX 78612

The market data from 7 similar recent sales in WYLDWOOD ESTATES points to a value of approximately $233,555. To sell within a reasonable timeframe at fair market value, the $187,000 to $197,000 range is where I'd position this. In the current WYLDWOOD ESTATES market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 424 sqft smaller than the typical comp, the size difference factors into the valuation. The 1938 construction puts this home 59 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in WYLDWOOD ESTATES, ranging from $180,000 to $180,000. In 78612, home values have fallen approximately 1.3% over the past 6 months. One of the strongest data points is 164 Union Chapel RD, Cedar Creek TX 78612, adjusting to $159,114; 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