1008 Red Bud DR, Cedar Park TX 78613

My analysis of 7 comparable properties puts this home's estimated value at $501,276. Based on how the local market is moving, a list price between $437,000 and $447,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in CEDAR PARK RANCHETTES's current inventory. Being 106 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.55 acres versus the area average of 0.60) contributes to the valuation. Current inventory shows 7 comparable homes in CEDAR PARK RANCHETTES; a buyer's market based on recent absorption. The 6 month price trend in CEDAR PARK RANCHETTES: fallen 41.4%. The best comp here is 1017 Silverstone LN, Cedar Park TX 78613 at an adjusted value of $320,895, a strong comparable. With 7 comparable sales in CEDAR PARK RANCHETTES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group