7 recent sales within half a mile of this address suggest a current value of $458,461. My recommended list price range for this property would be $449,000 to $468,000. With 4 comparable homes on the market in BUTTERCUP CREEK, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Built in 1984, this home is 7 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in BUTTERCUP CREEK (a balanced market), competition is a factor to consider. In BUTTERCUP CREEK, home values have fallen approximately 8.5% over the past 6 months. One of the strongest data points is 901 Forest TRL, Cedar Park TX 78613, adjusting to $457,638; a strong comparable. With 7 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