Reviewing the most recent comparable transactions, this home's market value falls around $459,420. For a well positioned listing in CYPRESS BEND, I'd target the $476,000 to $498,000 range. With 6 comparable homes on the market in CYPRESS BEND, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The 142 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in CYPRESS BEND, listed between $465,000 and $485,000. Recent trends in CYPRESS BEND show home values have fallen 6.5% since 6 months ago. The most comparable recent sale is 1607 Azalea DR, Cedar Park TX 78613, with an adjusted value of $451,416; 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
