Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $459,531. I'd recommend coming to market at $368,000 to $378,000 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 240 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.15 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. With 6 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 4.6% in the past 6 months. 303 Flagstone CT, Cedar Park TX 78613 nearby adjusts to $451,323; with a larger floor plan. With 4 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
