418 Leisure LN, Cedar Creek TX 78612

The market data from 7 similar recent sales in BLUEBONNET ACRES points to a value of approximately $672,679. To sell within a reasonable timeframe at fair market value, the $770,000 to $789,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in BLUEBONNET ACRES. The 684 sqft size difference versus comparable sales is reflected in the adjusted values. The 1998 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in BLUEBONNET ACRES, ranging from $625,000 to $1,150,000. In 78612, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 177 Colorado DR, Cedar Creek TX 78612, adjusting to $857,633; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group