1509 Parke Bluff BND, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $739,034. For a well positioned listing in WEST PARKE, I'd target the $797,000 to $839,000 range. With 3 comparable homes on the market in WEST PARKE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (372 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2019 construction puts this home 9 years newer than the comp average, a factor in the pricing. With 3 similar homes currently listed in WEST PARKE (a balanced market), competition is a factor to consider. Recent trends in 78613 show home values have risen 6.8% since 6 months ago. The most comparable recent sale is 109 S Big Sur DR, Cedar Park TX 78613, with an adjusted value of $838,999; with a smaller floor plan. 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