306 Mesa Verde ST, Cedar Park TX 78613

Based on 4 closed sales in PARK PLACE, the data points to a value around $398,902 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $388,000 to $434,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in PARK PLACE's current inventory. This home's larger footprint (160 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.18 acres versus 0.24 for the typical comp. With 3 similar homes currently listed in PARK PLACE (a balanced market), competition is a factor to consider. Market data shows PARK PLACE prices fallen 4.9% over the last half year. The closest comparable sale, 201 N Rainbow Bridge DR, Cedar Park TX 78613 at an adjusted $448,744, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in PARK PLACE. 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