Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $362,832. I'd recommend coming to market at $398,000 to $399,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in ANDERSON MILL WEST, this price positions the property as the most affordable of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in ANDERSON MILL WEST, listed between $395,000 and $449,000. The trend in ANDERSON MILL WEST shows prices have fallen 11.2% in the past 6 months. 2308 Macaw DR, Cedar Park TX 78613 nearby adjusts to $352,503; 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
