427 Elm Forest LOOP, Cedar Creek TX 78612

Based on 7 closed sales in THOUSAND OAKS, the data points to a value around $342,719 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $208,000 to $218,000. This would position the home competitively among 2 active listings in THOUSAND OAKS. The smaller floor plan (603 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 2.00 acres versus 3.96 for the typical comp. There are currently 2 similar homes on the market in THOUSAND OAKS, ranging from $225,000 to $350,000. Market data shows THOUSAND OAKS prices risen 0.9% over the last half year. The closest comparable sale, 189 Shady Oaks LOOP, Cedar Creek TX 78612 at an adjusted $537,840, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in THOUSAND OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group