Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $455,883. I'd recommend coming to market at $372,000 to $382,000 to strike the right balance between value and market velocity. Among the similar homes currently available in RANCH BRUSHY CREEK, this price point stands out as competitive. Being 204 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2005, this home is 5 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in RANCH BRUSHY CREEK (a buyer's market), competition is a factor to consider. The trend in RANCH BRUSHY CREEK shows prices have risen 24.4% in the past 6 months. 303 Flagstone CT, Cedar Park TX 78613 nearby adjusts to $451,323; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
