511 Texas Oak DR, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $404,279. For a well positioned listing in HIGH VIEW RANCH, I'd target the $240,000 to $250,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in HIGH VIEW RANCH. This home's larger footprint (289 sqft vs the comp average) plays a role in how the market prices it. At 5.10 acres, the lot is larger than the 3.12 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in HIGH VIEW RANCH, listed between $265,000 and $380,000. Recent trends in HIGH VIEW RANCH show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 243 Texas Oak DR, Cedar Creek TX 78612, with an adjusted value of $361,243; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group