707 Canyon Springs DR, Cedar Park TX 78613

Based on 7 closed sales in CYPRESS CANYON, the data points to a value around $620,345 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $495,000 to $505,000. This pricing would rank the home as the 2nd most expensive of 6 comparable homes on the market in CYPRESS CANYON's current inventory. The 140 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.31 acres versus 0.21 for the typical comp. Current inventory shows 6 comparable homes in CYPRESS CANYON; a balanced market based on recent absorption. Market data shows CYPRESS CANYON prices fallen 12.4% over the last half year. The closest comparable sale, 905 Canyon Springs DR, Cedar Park TX 78613 at an adjusted $707,750, is with a pool. The strength of this estimate comes from 7 directly comparable sales in CYPRESS CANYON. 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