1816 Nelson Ranch LOOP, Cedar Park TX 78613

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $441,376. I'd recommend coming to market at $463,000 to $488,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in BUTTERCUP CRK, this price positions the property as the most affordable of 4 comparable homes on the market. This home's smaller footprint (165 sqft vs the comp average) plays a role in how the market prices it. Built in 2004, this home is 6 years newer than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in BUTTERCUP CRK, listed between $435,000 and $525,000. The trend in BUTTERCUP CRK shows prices have fallen 20.9% in the past 6 months. 1721 Juniper Ridge LOOP, Cedar Park TX 78613 nearby adjusts to $462,572; a strong comparable. Based on 3 relevant data points in BUTTERCUP CRK, 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