406 S Mount Rushmore DR, Cedar Park TX 78613

The market data from 3 similar recent sales in PARK PLACE points to a value of approximately $337,016. To sell within a reasonable timeframe at fair market value, the $360,000 to $365,000 range is where I'd position this. With 6 comparable homes on the market in PARK PLACE, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. The 238 sqft size difference versus comparable sales is reflected in the adjusted values. The 1982 construction puts this home 12 years older than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in PARK PLACE, listed between $299,900 and $399,900. In PARK PLACE, home values have fallen approximately 4.9% over the past 6 months. One of the strongest data points is 408 N Mount Rushmore DR, Cedar Park TX 78613, adjusting to $312,640; with a larger floor plan. 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