2405 Monte Carlo DR, Cedar Park TX 78613

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $453,878. I'd recommend coming to market at $290,000 to $300,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in RIVIERA SPGS NORTH PT. The larger floor plan (174 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.28 acre lot (larger than the 0.22 acre average) is reflected in the estimate. 7 similar homes are currently available in RIVIERA SPGS NORTH PT, creating a balanced market for this price range. The trend in 78613 shows prices have fallen 3.7% in the past 6 months. 12206 saber TRL, Austin TX 78750 nearby adjusts to $510,534; with a smaller floor plan. Based on 5 relevant data points in RIVIERA SPGS NORTH PT, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX