1608 Somerset Canyon LN, Cedar Park TX 78613

The estimated value of this property is $405,669, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $492,000 and $503,000. Against 7 similar active listings in RANCH CYPRESS CREEK, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (108 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in RANCH CYPRESS CREEK (a seller's market), competition is a factor to consider. Recent trends in RANCH CYPRESS CREEK show home values have fallen 13.4% since 6 months ago. The most comparable recent sale is 1810 Summer Rain DR, Cedar Park TX 78613, with an adjusted value of $272,904; a strong comparable. Based on 7 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