614 Palo Alto LN, Cedar Park TX 78613

The market data from 6 similar recent sales in EMERALD OAKS points to a value of approximately $483,991. To sell within a reasonable timeframe at fair market value, the $499,000 to $519,000 range is where I'd position this. In the current EMERALD OAKS market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. Being 169 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 5 similar homes currently listed in EMERALD OAKS (a balanced market), competition is a factor to consider. In 78613, home values have fallen approximately 3% over the past 6 months. One of the strongest data points is 1107 Sugarberry DR, Cedar Park TX 78613, adjusting to $428,710; with a larger floor plan. 6 comparable transactions in EMERALD 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