2300 Nicasio PL, Cedar Park TX 78641

After reviewing 3 recent transactions in CABALLO RANCH, I estimate this property's value at $706,000. A competitive list price for this home right now would fall in the $524,000 to $534,000 range. This would position the home competitively among 7 active listings in CABALLO RANCH. At 380 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.34 acres versus the area average of 0.29) contributes to the valuation. Current inventory shows 7 comparable homes in CABALLO RANCH; a balanced market based on recent absorption. Prices in CABALLO RANCH have risen 13.1% over the last 6 months. A similar home at 3200 Pradera CV, Cedar Park TX 78641 carries an adjusted comparable value of $728,437, providing a strong data point. With 3 comparable sales in CABALLO RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group