118 Briarwood DR, Cedar Park TX 78613

After reviewing 7 recent transactions in FOREST OAKS, I estimate this property's value at $631,184. A competitive list price for this home right now would fall in the $657,000 to $659,000 range. This would position the home competitively among 4 active listings in FOREST OAKS. This home's smaller footprint (129 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.26 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 4 comparable homes in FOREST OAKS; a balanced market based on recent absorption. Prices in FOREST OAKS have risen 3.5% over the last 6 months. A similar home at 1116 Willowbrook DR, Cedar Park TX 78613 carries an adjusted comparable value of $515,835, providing a strong data point. With 7 comparable sales in FOREST OAKS, 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