The estimated value of this property is $1,107,699, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $733,000 and $743,000. Against 7 similar active listings in BREAKAWAY PARK, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 481 sqft larger than the typical comp, the size difference factors into the valuation. The 1.01 acre lot (larger than the 0.41 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in BREAKAWAY PARK, ranging from $695,000 to $1,575,000. Recent trends in 78613 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 2500 Midnight Star DR, Cedar Park TX 78613, with an adjusted value of $841,632; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
