1822 Nelson Ranch LOOP, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $532,095. For a well positioned listing in BUTTERCUP CREEK, I'd target the $564,000 to $583,000 range. In the current BUTTERCUP CREEK market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The smaller floor plan (134 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.14 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in BUTTERCUP CREEK, ranging from $525,000 to $685,000. Recent trends in BUTTERCUP CREEK show home values have risen 1.5% since 6 months ago. The most comparable recent sale is 1126 Red Ranch CIR N, Cedar Park TX 78613, with an adjusted value of $527,908; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group