Reviewing the most recent comparable transactions, this home's market value falls around $474,157. For a well positioned listing in WOODFORD ESTATES, I'd target the $502,000 to $504,000 range. Against 3 similar active listings in WOODFORD ESTATES, this price point lands at the most expensive of 3 comparable homes on the market. The 2014 construction puts this home 11 years newer than the comp average, a factor in the pricing. At 0.16 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in WOODFORD ESTATES, listed between $425,000 and $489,000. Recent trends in 78613 show home values have risen 5.3% since 6 months ago. The most comparable recent sale is 1400 Little Elm TRL # 1134, Cedar Park TX 78613, with an adjusted value of $519,895; a strong comparable. 6 comparable transactions in WOODFORD ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
