224 E New Hope DR, Cedar Park TX 78613

After reviewing 6 recent transactions in 78613, I estimate this property's value at $217,797. A competitive list price for this home right now would fall in the $327,000 to $338,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78613's current inventory. At 13 years older than typical comps, the 1970 build date influences the valuation. The larger lot (0.41 acres versus the area average of 0.28) contributes to the valuation. 7 similar homes are currently available in 78613, creating a balanced market for this price range. Prices in 78613 have risen 3.1% over the last 6 months. A similar home at 2500 Cheyenne ST, Leander TX 78641 carries an adjusted comparable value of $242,648, providing a strong data point. The comp data here (6 sales in 78613) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus