Based on 7 closed sales in 78613, the data points to a value around $574,492 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $405,000 to $415,000. This home's position in the current 78613 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1945 (70 years older than comps) is factored into the value estimate. Lot size matters here: 1.34 acres versus 0.28 for the typical comp. With 7 similar homes currently listed in 78613 (a balanced market), competition is a factor to consider. Market data shows 78613 prices fallen 2% over the last half year. The closest comparable sale, 1312 Rimstone DR, Cedar Park TX 78613 at an adjusted $554,844, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78613. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group