2608 Sumac LN, Cedar Park TX 78613

After reviewing 7 recent transactions in CEDAR PARK RANCHETTES, I estimate this property's value at $371,438. A competitive list price for this home right now would fall in the $364,000 to $379,000 range. This would position the home competitively among 5 active listings in CEDAR PARK RANCHETTES. The larger lot (0.29 acres versus the area average of 0.18) contributes to the valuation. With 5 similar homes currently listed in CEDAR PARK RANCHETTES (a balanced market), competition is a factor to consider. Prices in CEDAR PARK RANCHETTES have fallen 13.6% over the last 6 months. A similar home at 409 Chaparral DR, Leander TX 78641 carries an adjusted comparable value of $408,207, providing a strong data point. With 7 comparable sales in CEDAR PARK RANCHETTES, 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