455 High View Ranch DR, Cedar Creek TX 78612

This home was listed at $550,000 and was on the market for 24 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $509,810. Here are some factors that may have played a role: At the time, there appear to have been 2 similar homes available at lower price points, which may have given buyers other options. At $339/sqft, the asking price was 116% above the area median, though there may have been upgrades or features not captured in the data. Built in 2002, this home may have faced competition from newer construction in the area priced similarly. The smaller floor plan (308 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2.47 acre lot (smaller than the 2.82 acre average) is reflected in the estimate. 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