2407 Erica Kaitlin LN, Cedar Park TX 78613

The market data from 3 similar recent sales in BUTTERCUP CREEK points to a value of approximately $597,700. To sell within a reasonable timeframe at fair market value, the $615,000 to $661,000 range is where I'd position this. In the current BUTTERCUP CREEK market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Being 352 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2014 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in BUTTERCUP CREEK; a balanced market based on recent absorption. In BUTTERCUP CREEK, home values have fallen approximately 0.3% over the past 6 months. One of the strongest data points is 1606 Hughes DR, Cedar Park TX 78613, adjusting to $544,761; a strong comparable. 3 comparable transactions in BUTTERCUP CREEK 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