After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $402,256. Pricing this home between $429,000 and $445,000 would put it in the competitive sweet spot for CREEKVIEW. Relative to what's currently available in CREEKVIEW, this home would be the 3rd most expensive of 5 comparable homes on the market. The larger floor plan (115 sqft compared to the average comp) is a meaningful differentiator in this price range. With 5 similar homes currently listed in CREEKVIEW (a balanced market), competition is a factor to consider. Market data shows 78613 prices fallen 6.2% over the last half year. The closest comparable sale, 1921 Conn Creek RD, Cedar Park TX 78613 at an adjusted $400,642, is a strong comparable. The comp data here (6 sales in CREEKVIEW) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus