The market data from 6 similar recent sales in SILVER OAK TWNHMS points to a value of approximately $244,800. To sell within a reasonable timeframe at fair market value, the $240,000 to $250,000 range is where I'd position this. In the current SILVER OAK TWNHMS market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. 1 similar homes are currently available in SILVER OAK TWNHMS, creating a balanced market for this price range. In 78613, home values have risen approximately 1.1% over the past 6 months. One of the strongest data points is 401 Buttercup Creek BLVD # 1904, Cedar Park TX 78613, adjusting to $254,912; with a smaller floor plan. 6 comparable transactions in SILVER OAK TWNHMS 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
