Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $357,973. I'd recommend coming to market at $391,000 to $394,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in FOREST OAKS PUD. Right now, 4 similar properties are competing for buyers in FOREST OAKS PUD, listed between $385,000 and $467,000. The trend in FOREST OAKS PUD shows prices have risen 1.9% in the past 6 months. 1114 Peyton PL, Cedar Park TX 78613 nearby adjusts to $352,764; 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