The comparable sales data (7 recent transactions in ARBORS LAKELINE) supports an estimated value of $461,189. The data suggests a list price between $470,000 and $479,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in ARBORS LAKELINE, this home would be the 3rd most expensive of 7 comparable homes on the market. Being built in 2014 (17 years newer than comps) is factored into the value estimate. Lot size matters here: 0.03 acres versus 0.34 for the typical comp. There are currently 7 similar homes on the market in ARBORS LAKELINE, ranging from $399,000 to $510,000. Prices in 78613 have risen 4.2% over the last 6 months. A similar home at 2714 BIG MEADOW DR, Cedar Park TX 78613 carries an adjusted comparable value of $448,046, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus