1900 Little Elm TRL # 140, Cedar Park TX 78613

After reviewing 5 recent transactions in CYPRESS CREEK TOWNHOMES, I estimate this property's value at $276,791. A competitive list price for this home right now would fall in the $310,000 to $322,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in CYPRESS CREEK TOWNHOMES's current inventory. This home's smaller footprint (127 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.02 acres versus the area average of 0.15) contributes to the valuation. The active market in CYPRESS CREEK TOWNHOMES includes 7 comparable homes priced from $275,000 to $495,000. Prices in 78613 have fallen 3.7% over the last 6 months. A similar home at 1900 Little Elm TRL # 171, Cedar Park TX 78613 carries an adjusted comparable value of $274,800, providing a strong data point. With 5 comparable sales in CYPRESS CREEK TOWNHOMES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group