1307 Fernglade LN, Cedar Park TX 78613

The market data from 7 similar recent sales in 78613 points to a value of approximately $689,599. To sell within a reasonable timeframe at fair market value, the $591,000 to $601,000 range is where I'd position this. In the current 78613 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 503 sqft larger than the typical comp, the size difference factors into the valuation. The 2010 construction puts this home 8 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78613; a balanced market based on recent absorption. In 78613, home values have fallen approximately 3% over the past 6 months. One of the strongest data points is 1217 Boerne DR, Cedar Park TX 78613, adjusting to $643,958; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group