506 Prize Oaks DR, Cedar Park TX 78613

The market data from 7 similar recent sales in QUARRY OAKS points to a value of approximately $401,313. To sell within a reasonable timeframe at fair market value, the $307,000 to $317,000 range is where I'd position this. With 7 comparable homes on the market in QUARRY OAKS, this price positions the property as the most expensive of 7 comparable homes on the market. The 1985 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.60 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 7 similar homes currently listed in QUARRY OAKS (a balanced market), competition is a factor to consider. In 78613, home values have risen approximately 0.4% over the past 6 months. One of the strongest data points is 1408 Limestone LN, Cedar Park TX 78613, adjusting to $450,751; a strong comparable. 7 comparable transactions in QUARRY OAKS 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