453 Union Chapel RD, Cedar Creek TX 78612

My analysis of 7 comparable properties puts this home's estimated value at $411,044. Based on how the local market is moving, a list price between $331,000 and $341,000 would position this home well. Relative to what's currently available in BLUEBONNET ACRES, this home would be the 3rd most expensive of 7 comparable homes on the market. Being 105 sqft larger than the average comparable sale in this area impacts the per square foot value. At 15 years older than typical comps, the 1975 build date influences the valuation. Current inventory shows 7 comparable homes in BLUEBONNET ACRES; a balanced market based on recent absorption. The 6 month price trend in BLUEBONNET ACRES: risen 4.6%. The best comp here is 161 Still Forest DR, Cedar Creek TX 78612 at an adjusted value of $469,497, with a larger floor plan. With 7 comparable sales in BLUEBONNET ACRES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group