2305 Cypress PT W, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,330,835. For a well positioned listing in LOST CREEK, I'd target the $1,291,000 to $1,371,000 range. In the current LOST CREEK market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The pool is a differentiator here, since 4 of 5 comparable sales didn't include one. At 0.29 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. 3 similar homes are currently available in LOST CREEK, creating a seller's market for this price range. Recent trends in LOST CREEK show home values have risen 0.7% since 6 months ago. The most comparable recent sale is 2202 Cypress PT E, Austin TX 78746, with an adjusted value of $1,194,917; with a smaller floor plan. The 5 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