902 Riviera DR, Cedar Park TX 78613

The estimated value of this property is $440,819, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $295,000 and $305,000. With 3 comparable homes on the market in RIVIERA SPGS, this price positions the property as the most expensive of 3 comparable homes on the market. At 306 sqft larger than the typical comp, the size difference factors into the valuation. The 0.23 acre lot (larger than the 0.15 acre average) is reflected in the estimate. With 3 similar homes currently listed in RIVIERA SPGS (a balanced market), competition is a factor to consider. Recent trends in 78613 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 11200 Avery Station LOOP # 13, Austin TX 78717, with an adjusted value of $473,936; with a smaller floor plan. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group