802 Monarch DR, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $355,900. For a well positioned listing in 78613, I'd target the $345,000 to $367,000 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. The 2004 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.27 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in 78613, ranging from $365,000 to $365,000. Recent trends in 78613 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 1604 Carriage Hills TRL, Cedar Park TX 78613, with an adjusted value of $342,334; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group