1609 Somerset Canyon LN, Cedar Park TX 78613

After reviewing 7 recent transactions in RANCH CYPRESS CREEK, I estimate this property's value at $555,467. A competitive list price for this home right now would fall in the $595,000 to $600,000 range. Relative to what's currently available in RANCH CYPRESS CREEK, this home would be the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (104 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 5 of the 7 comps lacked one. Current inventory shows 3 comparable homes in RANCH CYPRESS CREEK; a seller's market based on recent absorption. Prices in RANCH CYPRESS CREEK have fallen 13.5% over the last 6 months. A similar home at 2213 Kimra LN, Cedar Park TX 78613 carries an adjusted comparable value of $563,181, providing a strong data point. The comp data here (7 sales in RANCH CYPRESS CREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus