2317 CYPRESS PT E, Austin TX 78746

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $1,680,119. Pricing this home between $1,948,000 and $2,210,000 would put it in the competitive sweet spot for LOST CREEK. Buyers shopping in LOST CREEK right now would see this as a well positioned option among 7 comparable homes. Being 417 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.62 acres versus the area average of 0.38) contributes to the valuation. Current inventory shows 7 comparable homes in LOST CREEK; a seller's market based on recent absorption. Market data shows LOST CREEK prices fallen 15% over the last half year. The closest comparable sale, 2103 Doral DR, Austin TX 78746 at an adjusted $1,947,744, is a strong comparable. With 6 comparable sales in LOST CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group