The market data from 7 similar recent sales in CYPRESS BEND points to a value of approximately $538,973. To sell within a reasonable timeframe at fair market value, the $577,000 to $578,000 range is where I'd position this. With 7 comparable homes on the market in CYPRESS BEND, this price positions the property as the 4th most expensive of 7 comparable homes on the market. There are currently 7 similar homes on the market in CYPRESS BEND, ranging from $450,000 to $675,000. In CYPRESS BEND, home values have fallen approximately 6.5% over the past 6 months. One of the strongest data points is 1805 Azalea DR, Cedar Park TX 78613, adjusting to $498,784; with a larger floor plan. 7 comparable transactions in CYPRESS BEND 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