1605 POTOMAC CIR, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $533,810. For a well positioned listing in SHENANDOAH, I'd target the $414,000 to $424,000 range. Against 7 similar active listings in SHENANDOAH, this price point lands at the most expensive of 7 comparable homes on the market. The 1979 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.93 acres, the lot is larger than the 0.65 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SHENANDOAH; a buyer's market based on recent absorption. Recent trends in SHENANDOAH show home values have fallen 8.6% since 6 months ago. The most comparable recent sale is 1521 Sheridan TRL, Cedar Park TX 78613, with an adjusted value of $566,647; with a smaller floor plan. The 3 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