1403 Mimosa PASS, Cedar Park TX 78613

The market data from 4 similar recent sales in ANDERSON MILL WEST points to a value of approximately $306,684. To sell within a reasonable timeframe at fair market value, the $352,000 to $442,000 range is where I'd position this. With 3 comparable homes on the market in ANDERSON MILL WEST, this price positions the property as the most affordable of 3 comparable homes on the market. The smaller floor plan (142 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. With 3 similar homes currently listed in ANDERSON MILL WEST (a buyer's market), competition is a factor to consider. In ANDERSON MILL WEST, home values have risen approximately 20.3% over the past 6 months. One of the strongest data points is 1403 Black Cherry DR, Cedar Park TX 78613, adjusting to $313,409; a strong comparable. The 4 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