Based on what similar homes have actually sold for within a mile, I'd place this property's value at $383,940. I'd recommend coming to market at $403,000 to $422,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78613, this price point stands out as competitive. Built in 1979, this home is 26 years older than the average comp, which is reflected in the adjustments. The 0.31 acre lot (larger than the 0.16 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78613, ranging from $359,000 to $467,000. The trend in 78613 shows prices have fallen 3.4% in the past 6 months. 205 Mesa Verde ST, Cedar Park TX 78613 nearby adjusts to $318,897; with a smaller floor plan. Based on 7 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