390 Mount Olive RD # A, Cedar Creek TX 78612

Based on 3 closed sales in 78612, the data points to a value around $368,372 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $443,000 to $468,000. This would position the home competitively among 7 active listings in 78612. The 390 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1989 (14 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in 78612, listed between $415,790 and $845,000. Market data shows 78612 prices fallen 4% over the last half year. The closest comparable sale, 201 Murchison DR, Cedar Creek TX 78612 at an adjusted $408,516, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in 78612. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group