505 Royal, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $301,629. For a well positioned listing in 78613, I'd target the $248,000 to $258,000 range. With 1 comparable homes on the market in 78613, this price positions the property as below the only comparable home currently on the market. Being 665 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1978 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78613, ranging from $258,000 to $258,000. Recent trends in 78613 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 205 Thompson ST, Cedar Park TX 78613, with an adjusted value of $337,713; with a larger floor plan. 7 comparable transactions in 78613 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