1214 Ritter DR, Cedar Park TX 78613

The estimated value of this property is $742,717, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $550,000 and $560,000. Against 5 similar active listings in RANCH DEER CREEK SEC, this price point lands at the most expensive of 5 comparable homes on the market. The smaller floor plan (126 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.27 acre lot (larger than the 0.23 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in RANCH DEER CREEK SEC; a buyer's market based on recent absorption. Recent trends in RANCH DEER CREEK SEC show home values have risen 15.4% since 6 months ago. The most comparable recent sale is 2726 Zambia DR, Cedar Park TX 78613, with an adjusted value of $847,982; 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