206 Broken Arrow DR, Cedar Park TX 78613

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $895,563. I'd recommend coming to market at $934,000 to $948,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in 78613, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 0.29 acre lot (larger than the 0.24 acre average) is reflected in the estimate. With 5 similar homes currently listed in 78613 (a balanced market), competition is a factor to consider. The trend in 78613 shows prices have fallen 3% in the past 6 months. 16525 Broadbay DR, Austin TX 78717 nearby adjusts to $866,879; with a larger floor plan. Based on 6 relevant data points in 78613, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX