402 N Mount Rushmore DR, Cedar Park TX 78613

The market data from 3 similar recent sales in PARK PLACE points to a value of approximately $385,667. To sell within a reasonable timeframe at fair market value, the $313,000 to $323,000 range is where I'd position this. Against 7 similar active listings in PARK PLACE, this price point lands at the most expensive of 7 comparable homes on the market. At 156 sqft smaller than the typical comp, the size difference factors into the valuation. The 1999 construction puts this home 6 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in PARK PLACE, ranging from $306,000 to $370,000. In PARK PLACE, home values have risen approximately 10.4% over the past 6 months. One of the strongest data points is 300 N Rainbow Bridge DR, Cedar Park TX 78613, adjusting to $420,261; a strong comparable. 3 comparable transactions in PARK PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group