After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $320,000. Pricing this home between $314,000 and $326,000 would put it in the competitive sweet spot for PARADISO VILLAS CONDO. Buyers shopping in PARADISO VILLAS CONDO right now would see this as a well positioned option among 7 comparable homes. At 6 years older than typical comps, the 2007 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. 7 similar homes are currently available in PARADISO VILLAS CONDO, creating a balanced market for this price range. Market data shows 78613 prices risen 1.1% over the last half year. The closest comparable sale, 11400 W Parmer LN # 102, Cedar Park TX 78613 at an adjusted $294,525, is with a smaller floor plan. The comp data here (4 sales in PARADISO VILLAS CONDO) 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