The comparable sales data (7 recent transactions in CYPRESS ACRES A-D) supports an estimated value of $851,952. The data suggests a list price between $578,000 and $588,000 would attract qualified buyers without leaving money on the table. Buyers shopping in CYPRESS ACRES A-D right now would see this as a well positioned option among 4 comparable homes. The 277 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2004 (5 years newer than comps) is factored into the value estimate. The active market in CYPRESS ACRES A-D includes 4 comparable homes priced from $595,000 to $2,995,000. Prices in 78641 have risen 0% over the last 6 months. A similar home at 14203 FM 2769, Leander TX 78641 carries an adjusted comparable value of $807,394, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus