The estimated value of this property is $493,829, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $484,000 and $504,000. Against 6 similar active listings in RANCH CYPRESS CREEK, this price point lands at the 2nd most expensive of 6 comparable homes on the market. Current inventory shows 6 comparable homes in RANCH CYPRESS CREEK; a seller's market based on recent absorption. Recent trends in RANCH CYPRESS CREEK show home values have risen 6.7% since 6 months ago. The most comparable recent sale is 2014 Rachel RDG, Cedar Park TX 78613, with an adjusted value of $504,313; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group