After reviewing 6 recent transactions in 78613, I estimate this property's value at $474,820. A competitive list price for this home right now would fall in the $402,000 to $412,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78613's current inventory. At 5 years newer than typical comps, the 2003 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.18) contributes to the valuation. Buyers in 78613 have 3 comparable options right now, with asking prices between $410,000 and $500,000. Prices in 78613 have fallen 2% over the last 6 months. A similar home at 1724 Barrilla ST, Cedar Park TX 78613 carries an adjusted comparable value of $436,689, providing a strong data point. The comp data here (6 sales in 78613) 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