423 MCDONALD, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $304,500. For a well positioned listing in 78612, I'd target the $244,000 to $254,000 range. Among the similar homes currently available in 78612, this price point stands out as competitive. At 223 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.01 acres, the lot is smaller than the 1.09 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in 78612, ranging from $215,000 to $419,000. Recent trends in 78612 show home values have fallen 3.6% since 6 months ago. The most comparable recent sale is 255 W Oak LOOP, Cedar Creek TX 78612, with an adjusted value of $337,894; a strong comparable. The 3 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