2808 Costello CT, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $905,811. For a well positioned listing in CYPRESS CANYON, I'd target the $629,000 to $639,000 range. In the current CYPRESS CANYON market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. The smaller floor plan (416 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.41 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in CYPRESS CANYON; a seller's market based on recent absorption. Recent trends in CYPRESS CANYON show home values have risen 2.6% since 6 months ago. The most comparable recent sale is 1101 Rhondstat RUN, Cedar Park TX 78613, with an adjusted value of $912,747; with a smaller floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group