407 Mcdonald LN, Cedar Creek TX 78612

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $353,028. I'd recommend coming to market at $349,000 to $390,000 to strike the right balance between value and market velocity. Against 5 similar active listings in 78612, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (426 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2005, this home is 5 years newer than the average comp, which is reflected in the adjustments. Buyers in 78612 have 5 comparable options right now, with asking prices between $298,000 and $430,000. The trend in 78612 shows prices have fallen 4.6% in the past 6 months. 182 Lake Front DR, Cedar Creek TX 78612 nearby adjusts to $389,555; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group