205 Parkwest DR, Cedar Park TX 78613

The market data from 7 similar recent sales in PARKWEST ESTATES points to a value of approximately $729,863. To sell within a reasonable timeframe at fair market value, the $550,000 to $560,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in PARKWEST ESTATES. This home's larger footprint (310 sqft vs the comp average) plays a role in how the market prices it. At 0.27 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. With 7 similar homes currently listed in PARKWEST ESTATES (a balanced market), competition is a factor to consider. In 78613, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 109 S Big Sur DR, Cedar Park TX 78613, adjusting to $811,154; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group