Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $366,126. I'd recommend coming to market at $313,000 to $323,000 to strike the right balance between value and market velocity. Among the similar homes currently available in CEDAR PARK TOWNCENTER, this price point stands out as competitive. This home's larger footprint (136 sqft vs the comp average) plays a role in how the market prices it. Right now, 7 similar properties are competing for buyers in CEDAR PARK TOWNCENTER, listed between $299,500 and $374,900. The trend in CEDAR PARK TOWNCENTER shows prices have fallen 7.1% in the past 6 months. 1007 Big Spring DR, Cedar Park TX 78613 nearby adjusts to $393,830; a strong comparable. Based on 7 relevant data points in CEDAR PARK TOWNCENTER, 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
