The comparable sales data (7 recent transactions in CYPRESS CREEK TWNHMS) supports an estimated value of $283,016. The data suggests a list price between $314,000 and $321,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in CYPRESS CREEK TWNHMS, this home would be the 4th most expensive of 7 comparable homes on the market. Being 128 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2008 (12 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in CYPRESS CREEK TWNHMS, listed between $273,823 and $429,000. Prices in 78613 have risen 4.1% over the last 6 months. A similar home at 1900 Little Elm TRL # 99, Cedar Park TX 78613 carries an adjusted comparable value of $240,078, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus