Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $816,085. I'd recommend coming to market at $859,000 to $894,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in RANCH BRUSHY CREEK. This home's larger footprint (129 sqft vs the comp average) plays a role in how the market prices it. Buyers in RANCH BRUSHY CREEK have 7 comparable options right now, with asking prices between $749,000 and $969,000. The trend in RANCH BRUSHY CREEK shows prices have fallen 18% in the past 6 months. 208 Shorthorn ST, Cedar Park TX 78613 nearby adjusts to $755,831; a strong comparable. 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