After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $537,289. Pricing this home between $547,000 and $548,000 would put it in the competitive sweet spot for LAKELINE OAKS. Relative to what's currently available in LAKELINE OAKS, this home would be the 3rd most expensive of 7 comparable homes on the market. 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 LAKELINE OAKS, listed between $485,000 and $625,000. Market data shows LAKELINE OAKS prices risen 35.4% over the last half year. The closest comparable sale, 922 SHANNON MEADOW TRL, Cedar Park TX 78613 at an adjusted $500,485, is a strong comparable. With 7 comparable sales in LAKELINE OAKS, 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
