1506 Luray DR, Cedar Park TX 78613

The estimated value of this property is $339,528, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $259,000 and $269,000. Against 3 similar active listings in 78613, this price point lands at the most expensive of 3 comparable homes on the market. The smaller floor plan (546 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1979, this home is 8 years older than the average comp, which is reflected in the adjustments. There are currently 3 similar homes on the market in 78613, ranging from $249,000 to $349,000. Recent trends in 78613 show home values have risen 5% since 6 months ago. The most comparable recent sale is 1504 Jackson DR, Cedar Park TX 78613, with an adjusted value of $276,218; with a larger floor plan. Based on 7 relevant data points in 78613, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX