104 Cedar Glen CV, Austin TX 78734

After reviewing 7 recent transactions in CEDAR GLEN, I estimate this property's value at $477,835. A competitive list price for this home right now would fall in the $609,000 to $616,000 range. This would position the home competitively among 3 active listings in CEDAR GLEN. At 5 years older than typical comps, the 2008 build date influences the valuation. The smaller lot (0.17 acres versus the area average of 0.21) contributes to the valuation. There are currently 3 similar homes on the market in CEDAR GLEN, ranging from $610,000 to $699,000. Prices in 78734 have fallen 10.7% over the last 6 months. A similar home at 804 San Remo BLVD # 26B, Lakeway TX 78734 carries an adjusted comparable value of $399,046, providing a strong data point. With 7 comparable sales in CEDAR GLEN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group