2008 Nelson Ranch LOOP, Cedar Park TX 78613

The market data from 7 similar recent sales in BUTTERCUP CRK points to a value of approximately $730,693. To sell within a reasonable timeframe at fair market value, the $637,000 to $647,000 range is where I'd position this. With 7 comparable homes on the market in BUTTERCUP CRK, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 480 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.36 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. 7 similar homes are currently available in BUTTERCUP CRK, creating a balanced market for this price range. In BUTTERCUP CRK, home values have fallen approximately 20.9% over the past 6 months. One of the strongest data points is 714 Nelson Ranch RD, Cedar Park TX 78613, adjusting to $802,370; with a larger floor plan. 7 comparable transactions in BUTTERCUP CRK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group