418 Elm Forest LOOP, Cedar Creek TX 78612

The market data from 7 similar recent sales in THOUSAND OAKS points to a value of approximately $322,904. To sell within a reasonable timeframe at fair market value, the $346,000 to $436,000 range is where I'd position this. With 3 comparable homes on the market in THOUSAND OAKS, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (102 sqft compared to the average comp) is a meaningful differentiator in this price range. At 8.67 acres, the lot is larger than the 2.64 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in THOUSAND OAKS, ranging from $300,000 to $449,000. In THOUSAND OAKS, home values have risen approximately 0.9% over the past 6 months. One of the strongest data points is 189 Shady Oaks LOOP, Cedar Creek TX 78612, adjusting to $522,500; with a larger floor plan. 7 comparable transactions in THOUSAND OAKS 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