1807 Lilac LN, Cedar Park TX 78613

The estimated value of this property is $482,108, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $415,000 and $425,000. In the current CYPRESS BEND market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. Built in 1991, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.38 acre lot (larger than the 0.20 acre average) is reflected in the estimate. Buyers in CYPRESS BEND have 6 comparable options right now, with asking prices between $399,000 and $550,000. Recent trends in CYPRESS BEND show home values have fallen 6.2% since 6 months ago. The most comparable recent sale is 1501 Edelweiss DR, Cedar Park TX 78613, with an adjusted value of $514,284; with a larger floor plan. Based on 6 relevant data points in CYPRESS BEND, 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