1504 Somerset Canyon LN, Cedar Park TX 78613

The estimated value of this property is $355,943, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $459,000 and $465,000. Against 7 similar active listings in RANCH CYPRESS CREEK, this price point lands at the most affordable of 7 comparable homes on the market. At 166 sqft smaller than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in RANCH CYPRESS CREEK, creating a seller's market for this price range. Recent trends in RANCH CYPRESS CREEK show home values have fallen 11.5% since 6 months ago. The most comparable recent sale is 2220 Kerr TRL, Cedar Park TX 78613, with an adjusted value of $436,614; with a smaller floor plan. Based on 4 relevant data points in RANCH CYPRESS 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