Based on 7 closed sales in BUTTERCUP TWNHMS, the data points to a value around $256,985 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $292,000 to $295,000. Relative to what's currently available in BUTTERCUP TWNHMS, this home would be the most affordable of 7 comparable homes on the market. Lot size matters here: 0.02 acres versus 0.08 for the typical comp. Buyers in BUTTERCUP TWNHMS have 7 comparable options right now, with asking prices between $289,900 and $365,000. Market data shows 78613 prices fallen 5% over the last half year. The closest comparable sale, 401 Buttercup Creek BLVD # 1002, Cedar Park TX 78613 at an adjusted $252,245, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BUTTERCUP TWNHMS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group