2302 Sumac LN, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $284,001. For a well positioned listing in CEDAR PARK RANCHETTES, I'd target the $402,000 to $432,000 range. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in CEDAR PARK RANCHETTES. Being 177 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1981 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in CEDAR PARK RANCHETTES includes 7 comparable homes priced from $309,000 to $475,000. Recent trends in 78613 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 2607 Bois Darc LN, Cedar Park TX 78613, with an adjusted value of $216,970; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group