1407 meghan DR, Cedar Park TX 78613

After reviewing 7 recent transactions in 78613, I estimate this property's value at $342,846. A competitive list price for this home right now would fall in the $380,000 to $385,000 range. Buyers shopping in 78613 right now would see this as a well positioned option among 5 comparable homes. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 5 comparable homes in 78613; a balanced market based on recent absorption. Prices in 78613 have fallen 3% over the last 6 months. A similar home at 1706 Timberwood DR, Cedar Park TX 78613 carries an adjusted comparable value of $337,748, providing a strong data point. The comp data here (7 sales in 78613) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus