615 Leisure LN, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $328,764. For a well positioned listing in BLUEBONNET ACRES, I'd target the $398,000 to $402,000 range. With 3 comparable homes on the market in BLUEBONNET ACRES, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 263 sqft size difference versus comparable sales is reflected in the adjusted values. The 1967 construction puts this home 28 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in BLUEBONNET ACRES, creating a buyer's market for this price range. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 104 Blue Flame RD, Cedar Creek TX 78612, with an adjusted value of $307,864; with a larger floor plan. 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