1416 Davis Mountain LOOP, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $337,243. For a well positioned listing in 78613, I'd target the $432,000 to $439,000 range. With 6 comparable homes on the market in 78613, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. At 129 sqft smaller than the typical comp, the size difference factors into the valuation. The 2006 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in 78613; a balanced market based on recent absorption. Recent trends in 78613 show home values have risen 0% since 6 months ago. The most comparable recent sale is 1419 Molson Lake DR, Leander TX 78641, with an adjusted value of $312,294; a strong comparable. The 3 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