1517 Davis Mountain LOOP, Cedar Park TX 78613

My analysis of 6 comparable properties puts this home's estimated value at $402,050. Based on how the local market is moving, a list price between $314,000 and $324,000 would position this home well. Buyers shopping in CEDAR PARK TOWNCENTER right now would see this as a well positioned option among 7 comparable homes. At 186 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.30 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in CEDAR PARK TOWNCENTER (a buyer's market), competition is a factor to consider. The 6 month price trend in CEDAR PARK TOWNCENTER: fallen 7.1%. The best comp here is 1800 Colorado Bend DR, Cedar Park TX 78613 at an adjusted value of $371,758, with a larger floor plan. With 6 comparable sales in CEDAR PARK TOWNCENTER, 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