410 Mcdonald LN, Cedar Creek TX 78612

The estimated value of this property is $382,075, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $289,000 and $299,000. Against 7 similar active listings in BARKER, MARTHA, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Built in 1997, this home is 5 years older than the average comp, which is reflected in the adjustments. The 3.18 acre lot (smaller than the 3.22 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in BARKER, MARTHA; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 107 Angelia DR, Cedar Creek TX 78612, with an adjusted value of $358,067; with a smaller floor plan. 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