1000 Retama DR, Cedar Park TX 78613

The estimated value of this property is $462,000, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $380,000 and $390,000. With 5 comparable homes on the market in WEST PARK ESTATES, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. At 202 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2008, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in WEST PARK ESTATES; a balanced market based on recent absorption. Recent trends in 78613 show home values have fallen 2.3% since 6 months ago. The most comparable recent sale is 2030 Nelson Ranch LOOP, Cedar Park TX 78613, with an adjusted value of $466,631; with a larger floor plan. Based on 5 relevant data points in WEST PARK ESTATES, 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