111 DEREK DR, Cedar Park TX 78613

After reviewing 7 recent transactions in 78613, I estimate this property's value at $398,047. A competitive list price for this home right now would fall in the $427,000 to $440,000 range. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78613's current inventory. The smaller lot (0.00 acres versus the area average of 0.19) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78613, listed between $370,000 and $550,000. Prices in 78613 have fallen 3.4% over the last 6 months. A similar home at 305 Winecup TRL, Cedar Park TX 78613 carries an adjusted comparable value of $423,018, providing a strong data point. With 7 comparable sales in 78613, 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