1208 Bluebonnet DR, Cedar Park TX 78613

The estimated value of this property is $366,239, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $266,000 and $276,000. Among the similar homes currently available in CEDAR PARK RANCHETTES, this price point stands out as competitive. The smaller floor plan (647 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1975, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in CEDAR PARK RANCHETTES; a buyer's market based on recent absorption. Recent trends in CEDAR PARK RANCHETTES show home values have fallen 41.4% since 6 months ago. The most comparable recent sale is 2505 Cypress LN, Cedar Park TX 78613, with an adjusted value of $114,310; a strong comparable. With 7 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