1503 Pecan, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $497,325. For a well positioned listing in WHITESTONE OAKS, I'd target the $397,000 to $407,000 range. In the current WHITESTONE OAKS market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. The 1975 construction puts this home 29 years older than the comp average, a factor in the pricing. At 0.51 acres, the lot is smaller than the 0.82 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in WHITESTONE OAKS; a balanced market based on recent absorption. Recent trends in 78613 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 1401 Deer Run ST, Cedar Park TX 78613, with an adjusted value of $483,653; 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