4754 Fm 535, Cedar Creek TX 78612

The estimated value of this property is $542,140, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $612,000 and $707,000. Among the similar homes currently available in 78612, this price point stands out as competitive. Built in 2005, this home is 12 years newer than the average comp, which is reflected in the adjustments. The 17.95 acre lot (larger than the 3.43 acre average) is reflected in the estimate. Current inventory shows 1 comparable homes in 78612; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 0.3% since 6 months ago. The most comparable recent sale is 4668 Fm 535, Cedar Creek TX 78612, with an adjusted value of $707,424; a strong comparable. Based on 6 relevant data points in 78612, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX