My analysis of 7 comparable properties puts this home's estimated value at $371,173. Based on how the local market is moving, a list price between $278,000 and $288,000 would position this home well. Relative to what's currently available in MOBILE HOME ONLY CEDAR PARK RANCHETTES BL, this home would be the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (696 sqft compared to the average comp) is a meaningful differentiator in this price range. At 28 years older than typical comps, the 1975 build date influences the valuation. With 7 similar homes currently listed in MOBILE HOME ONLY CEDAR PARK RANCHETTES BL (a balanced market), competition is a factor to consider. The 6 month price trend in 78613: risen 5.4%. The best comp here is 280 Sunset TER, Cedar Park TX 78613 at an adjusted value of $560,041, with a larger floor plan. The comp data here (7 sales in MOBILE HOME ONLY CEDAR PARK RANCHETTES BL) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus