1505 Timberwood DR, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $402,461. For a well positioned listing in 78613, I'd target the $432,000 to $443,000 range. Against 4 similar active listings in 78613, this price point lands at the 2nd least expensive of 4 comparable homes on the market. At 0.24 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in 78613, ranging from $380,000 to $459,000. Recent trends in 78613 show home values have fallen 1.6% since 6 months ago. The most comparable recent sale is 1706 Timberwood DR, Cedar Park TX 78613, with an adjusted value of $381,424; 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