1501 Fox Sparrow TRL, Cedar Park TX 78613

Based on 7 closed sales in RANCH CYPRESS MILL, the data points to a value around $678,869 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $501,000 to $511,000. Buyers shopping in RANCH CYPRESS MILL right now would see this as a well positioned option among 6 comparable homes. Being built in 2018 (20 years newer than comps) is factored into the value estimate. Lot size matters here: 0.44 acres versus 0.19 for the typical comp. With 6 similar homes currently listed in RANCH CYPRESS MILL (a balanced market), competition is a factor to consider. Market data shows 78613 prices risen 6.3% over the last half year. The closest comparable sale, 922 SHANNON MEADOW TRL, Cedar Park TX 78613 at an adjusted $649,593, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RANCH CYPRESS MILL. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group