3209 Valley Pike RD, Cedar Park TX 78613

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $404,465. I'd recommend coming to market at $450,000 to $462,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in SHENANDOAH, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. Built in 1980, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.29 acre lot (larger than the 0.22 acre average) is reflected in the estimate. With 6 similar homes currently listed in SHENANDOAH (a buyer's market), competition is a factor to consider. The trend in SHENANDOAH shows prices have fallen 9.2% in the past 6 months. 1207 Meadow Lark DR, Cedar Park TX 78613 nearby adjusts to $449,794; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group