1508 Luray DR, Cedar Park TX 78613

My analysis of 7 comparable properties puts this home's estimated value at $354,825. Based on how the local market is moving, a list price between $281,000 and $291,000 would position this home well. This pricing would rank the home as the most expensive of 2 comparable homes on the market in SHENANDOAH's current inventory. The 653 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.28 acres versus the area average of 0.53) contributes to the valuation. Current inventory shows 2 comparable homes in SHENANDOAH; a buyer's market based on recent absorption. The 6 month price trend in SHENANDOAH: fallen 8.9%. The best comp here is 2901 BLUE RIDGE DR, Cedar Park TX 78613 at an adjusted value of $309,205, with a larger floor plan. With 7 comparable sales in SHENANDOAH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group