2103 Shannon Meadow CV, Cedar Park TX 78613

The estimated value of this property is $518,950, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $503,000 and $535,000. Against 3 similar active listings in LAKELINE OAKS, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 193 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.30 acre lot (larger than the 0.24 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in LAKELINE OAKS; a balanced market based on recent absorption. Recent trends in 78613 show home values have fallen 0.1% since 6 months ago. The most comparable recent sale is 2310 Eleanor WAY, Cedar Park TX 78613, with an adjusted value of $553,634; with a larger floor plan. With 5 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