111 S Mount Rushmore DR, Cedar Park TX 78613

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $340,640. I'd recommend coming to market at $360,000 to $365,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in PARK PLACE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Being 237 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1984, this home is 10 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in PARK PLACE; a seller's market based on recent absorption. The trend in PARK PLACE shows prices have fallen 4.9% in the past 6 months. 408 N Mount Rushmore DR, Cedar Park TX 78613 nearby adjusts to $314,858; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group