2503 Nightshade DR, Cedar Park TX 78613

The market data from 7 similar recent sales in PRESERVE GANN RANCH points to a value of approximately $478,834. To sell within a reasonable timeframe at fair market value, the $370,000 to $380,000 range is where I'd position this. In the current PRESERVE GANN RANCH market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 408 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2012 construction puts this home 10 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in PRESERVE GANN RANCH; a balanced market based on recent absorption. In 78613, home values have fallen approximately 2.5% over the past 6 months. One of the strongest data points is 1210 Mathias ST, Cedar Park TX 78613, adjusting to $516,036; with a smaller floor plan. The 7 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