424 Riddle, Cedar Creek TX 78612

The estimated value of this property is $346,361, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $414,000 and $427,000. Against 3 similar active listings in 78612, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (228 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1986, this home is 18 years older than the average comp, which is reflected in the adjustments. Buyers in 78612 have 3 comparable options right now, with asking prices between $299,000 and $480,000. Recent trends in 78612 show home values have fallen 0.6% since 6 months ago. The most comparable recent sale is 120 Green Mountain DR, Cedar Creek TX 78612, with an adjusted value of $308,745; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group