415 McDonald LN W, Cedar Creek TX 78612

The market data from 7 similar recent sales in COYOTE HILLS ESTATES points to a value of approximately $351,842. To sell within a reasonable timeframe at fair market value, the $348,000 to $388,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in COYOTE HILLS ESTATES. At 426 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.00 acres, the lot is smaller than the 2.17 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in COYOTE HILLS ESTATES, listed between $298,000 and $430,000. In 78612, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 182 Lake Front DR, Cedar Creek TX 78612, adjusting to $388,241; 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