998 High Grove RD, Cedar Creek TX 78612

The market data from 7 similar recent sales in 78612 points to a value of approximately $376,382. To sell within a reasonable timeframe at fair market value, the $365,000 to $388,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78612. Being 129 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 3.98 acres, the lot is larger than the 2.43 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in 78612, listed between $795,000 and $795,000. 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 $391,111; 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