305 N Rainbow Bridge DR, Cedar Park TX 78613

After reviewing 3 recent transactions in PARK PLACE, I estimate this property's value at $500,004. A competitive list price for this home right now would fall in the $331,000 to $341,000 range. This home's position in the current PARK PLACE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (323 sqft vs the comp average) plays a role in how the market prices it. Buyers in PARK PLACE have 7 comparable options right now, with asking prices between $284,000 and $550,000. Prices in PARK PLACE have fallen 4.9% over the last 6 months. A similar home at 303 N Kings Canyon DR, Cedar Park TX 78613 carries an adjusted comparable value of $394,400, providing a strong data point. With 3 comparable sales in PARK PLACE, 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