1501 Star Light CV, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $410,820. For a well positioned listing in RANCH CYPRESS CREEK, I'd target the $398,000 to $423,000 range. In the current RANCH CYPRESS CREEK market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. This home's smaller footprint (168 sqft vs the comp average) plays a role in how the market prices it. At 0.24 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in RANCH CYPRESS CREEK; a seller's market based on recent absorption. Recent trends in RANCH CYPRESS CREEK show home values have fallen 13.4% since 6 months ago. The most comparable recent sale is 1714 Star Light Circle CIR, Cedar Park TX 78613, with an adjusted value of $358,290; with a larger floor plan. 3 comparable transactions in RANCH CYPRESS CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group