The market data from 6 similar recent sales in PRESERVE GANN RANCH points to a value of approximately $400,270. To sell within a reasonable timeframe at fair market value, the $412,000 to $429,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in PRESERVE GANN RANCH. The 2009 construction puts this home 7 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in PRESERVE GANN RANCH, listed between $340,000 and $525,000. In 78613, home values have risen approximately 2.1% over the past 6 months. One of the strongest data points is 1920 Barnett DR, Cedar Park TX 78613, adjusting to $411,872; a strong comparable. The 6 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
