315 Cedar DR, Mountain City TX 78610

Reviewing the most recent comparable transactions, this home's market value falls around $514,856. For a well positioned listing in MOUNTAIN CITY OAKS, I'd target the $335,000 to $345,000 range. With 7 comparable homes on the market in MOUNTAIN CITY OAKS, this price positions the property as the most expensive of 7 comparable homes on the market. The larger floor plan (166 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2005 construction puts this home 11 years newer than the comp average, a factor in the pricing. The active market in MOUNTAIN CITY OAKS includes 7 comparable homes priced from $323,000 to $449,990. Recent trends in MOUNTAIN CITY OAKS show home values have risen 17.5% since 6 months ago. The most comparable recent sale is 212 Maple DR, Mountain City TX 78610, with an adjusted value of $527,946; with a smaller floor plan. The 3 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