204 N Mount Rushmore DR, Cedar Park TX 78613

The market data from 4 similar recent sales in PARK PLACE points to a value of approximately $349,435. To sell within a reasonable timeframe at fair market value, the $342,000 to $356,000 range is where I'd position this. In the current PARK PLACE market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. Being 207 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1984 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in PARK PLACE; a seller's market based on recent absorption. In PARK PLACE, home values have risen approximately 15.9% over the past 6 months. One of the strongest data points is 408 N Mount Rushmore DR, Cedar Park TX 78613, adjusting to $316,104; with a larger floor plan. 4 comparable transactions in PARK PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group