538 Mesquite DR, Cedar Creek TX 78612

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $475,993. I'd recommend coming to market at $226,000 to $236,000 to strike the right balance between value and market velocity. Against 7 similar active listings in MESQUITE ACRES, this price point lands at the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (320 sqft vs the comp average) plays a role in how the market prices it. Built in 2002, this home is 10 years newer than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in MESQUITE ACRES, creating a buyer's market for this price range. The trend in 78612 shows prices have fallen 0.8% in the past 6 months. 479 Mesquite DR, Cedar Creek TX 78612 nearby adjusts to $657,800; with a smaller floor plan. 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