The market data from 7 similar recent sales in BUTTERCUP CREEK points to a value of approximately $564,230. To sell within a reasonable timeframe at fair market value, the $614,000 to $626,000 range is where I'd position this. With 7 comparable homes on the market in BUTTERCUP CREEK, this price positions the property as the 4th most expensive of 7 comparable homes on the market. 7 similar homes are currently available in BUTTERCUP CREEK, creating a balanced market for this price range. In BUTTERCUP CREEK, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 1113 Red Ranch CIR, Cedar Park TX 78613, adjusting to $483,956; a strong comparable. The 7 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