Reviewing the most recent comparable transactions, this home's market value falls around $1,037,141. For a well positioned listing in BREAKAWAY PARK, I'd target the $761,000 to $771,000 range. Among the similar homes currently available in BREAKAWAY PARK, this price point stands out as competitive. This home's larger footprint (1,417 sqft vs the comp average) plays a role in how the market prices it. The 2012 construction puts this home 8 years newer than the comp average, a factor in the pricing. With 5 similar homes currently listed in BREAKAWAY PARK (a balanced market), competition is a factor to consider. Recent trends in 78613 show home values have fallen 3.9% since 6 months ago. The most comparable recent sale is 2905 Post River RD, Cedar Park TX 78613, with an adjusted value of $1,195,827; with a smaller floor plan and a pool. 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
