1900 Little Elm TRL # 105, Cedar Park TX 78613

After reviewing 4 recent transactions in CYPRESS CREEK TWNHMS, I estimate this property's value at $351,441. A competitive list price for this home right now would fall in the $288,000 to $298,000 range. This home's position in the current CYPRESS CREEK TWNHMS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (248 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.03 acres versus the area average of 0.12) contributes to the valuation. Buyers in CYPRESS CREEK TWNHMS have 3 comparable options right now, with asking prices between $284,000 and $399,000. Prices in 78613 have risen 6.3% over the last 6 months. A similar home at 1900 Little Elm TRL # 135, Cedar Park TX 78613 carries an adjusted comparable value of $283,290, providing a strong data point. With 4 comparable sales in CYPRESS CREEK TWNHMS, 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