415 McDonald LN W, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $366,550. For a well positioned listing in COYOTE HILLS ESTATES, I'd target the $309,000 to $319,000 range. With 4 comparable homes on the market in COYOTE HILLS ESTATES, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (366 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.01 acres, the lot is smaller than the 1.99 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in COYOTE HILLS ESTATES; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 255 W Oak LOOP, Cedar Creek TX 78612, with an adjusted value of $329,957; a strong comparable. 7 comparable transactions in COYOTE HILLS ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group