2802 Ely CT, Cedar Park TX 78613

The market data from 4 similar recent sales in CYPRESS CANYON points to a value of approximately $781,869. To sell within a reasonable timeframe at fair market value, the $266,000 to $276,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in CYPRESS CANYON. At 313 sqft larger than the typical comp, the size difference factors into the valuation. At 0.34 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in CYPRESS CANYON, listed between $250,000 and $899,999. In CYPRESS CANYON, home values have fallen approximately 12.1% over the past 6 months. One of the strongest data points is 2803 Rambler Valley DR, Cedar Park TX 78613, adjusting to $903,232; with a larger floor plan and a pool. 4 comparable transactions in CYPRESS CANYON 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