The market data from 7 similar recent sales in CABALLO RANCH points to a value of approximately $629,762. To sell within a reasonable timeframe at fair market value, the $635,000 to $643,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in CABALLO RANCH. The 103 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 3 comparable homes in CABALLO RANCH; a buyer's market based on recent absorption. In CABALLO RANCH, home values have risen approximately 11.3% over the past 6 months. One of the strongest data points is 1803 Valle Verde DR, Cedar Park TX 78641, adjusting to $604,870; a strong comparable. 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
