532 High View Ranch DR, Cedar Creek TX 78612

The market data from 3 similar recent sales in 78612 points to a value of approximately $288,252. To sell within a reasonable timeframe at fair market value, the $230,000 to $240,000 range is where I'd position this. In the current 78612 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 2.38 acres, the lot is larger than the 2.19 acre comp average, which factors into pricing. 3 similar homes are currently available in 78612, creating a buyer's market for this price range. In 78612, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 112 Spring Creek CV, Cedar Creek TX 78612, adjusting to $345,830; with a larger floor plan. 3 comparable transactions in 78612 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