The estimated value of this property is $284,616, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $308,000 and $309,000. Against 4 similar active listings in CYPRESS CRK TWNHMS, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The 0.00 acre lot (smaller than the 0.12 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in CYPRESS CRK TWNHMS, listed between $280,000 and $375,000. Recent trends in 78613 show home values have fallen 1.6% since 6 months ago. The most comparable recent sale is 1701 S Bell BLVD # 1202, Cedar Park TX 78613, with an adjusted value of $281,008; 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