2325 Cypress PT E, Austin TX 78746

The estimated value of this property is $1,231,541, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,036,000 and $1,046,000. Against 3 similar active listings in LOST CREEK, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Built in 2011, this home is 31 years newer than the average comp, which is reflected in the adjustments. The 0.36 acre lot (smaller than the 0.41 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in LOST CREEK, listed between $995,000 and $1,499,000. Recent trends in LOST CREEK show home values have risen 0.7% since 6 months ago. The most comparable recent sale is 1417 Bay Hill DR, Austin TX 78746, with an adjusted value of $1,147,773; a strong comparable. Based on 7 relevant data points in LOST CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX