501 Texas Oak DR, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $516,334. For a well positioned listing in HIGH VIEW RANCH, I'd target the $245,000 to $255,000 range. With 3 comparable homes on the market in HIGH VIEW RANCH, this price positions the property as the most expensive of 3 comparable homes on the market. The 2008 construction puts this home 6 years older than the comp average, a factor in the pricing. At 5.02 acres, the lot is larger than the 2.87 acre comp average, which factors into pricing. With 3 similar homes currently listed in HIGH VIEW RANCH (a buyer's market), competition is a factor to consider. Recent trends in HIGH VIEW RANCH show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 425 High View Ranch DR, Cedar Creek TX 78612, with an adjusted value of $427,158; with a smaller floor plan. 3 comparable transactions in HIGH VIEW RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group