2315 Cypress PT, Austin TX 78746

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,461,686. I'd recommend coming to market at $2,320,000 to $2,469,000 to strike the right balance between value and market velocity. Among the similar homes currently available in LOST CREEK, this price point stands out as competitive. This home's larger footprint (2,008 sqft vs the comp average) plays a role in how the market prices it. The 0.65 acre lot (larger than the 0.39 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in LOST CREEK; a seller's market based on recent absorption. The trend in LOST CREEK shows prices have risen 0.7% in the past 6 months. 1306 Quaker Ridge DR, Austin TX 78746 nearby adjusts to $1,680,667; with a smaller floor plan. With 7 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