Based on what similar homes have actually sold for within a mile, I'd place this property's value at $360,244. I'd recommend coming to market at $361,000 to $377,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in WOODS CARRIAGE HILLS, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. Built in 2000, this home is 5 years newer than the average comp, which is reflected in the adjustments. There are currently 6 similar homes on the market in WOODS CARRIAGE HILLS, ranging from $306,000 to $389,000. The trend in 78613 shows prices have fallen 3.4% in the past 6 months. 1215 Meghan DR, Cedar Park TX 78613 nearby adjusts to $318,060; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group