845 High Grove RD, Cedar Creek TX 78612

The estimated value of this property is $386,484, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $375,000 and $398,000. In the current 78612 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The pool is a standout feature, with 7 of 7 comparable homes not offering one. Built in 1965, this home is 41 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 78612; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 697 High Grove RD, Cedar Creek TX 78612, with an adjusted value of $624,263; with a larger floor plan and no pool. Based on 7 relevant data points in 78612, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX