Based on 7 closed sales in FOREST OAKS PUD, the data points to a value around $387,108 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $398,000 to $408,000. This would position the home competitively among 4 active listings in FOREST OAKS PUD. Being 133 sqft larger than the average comparable sale in this area impacts the per square foot value. With 4 similar homes currently listed in FOREST OAKS PUD (a balanced market), competition is a factor to consider. Market data shows FOREST OAKS PUD prices risen 1.9% over the last half year. The closest comparable sale, 918 Bogart RD, Cedar Park TX 78613 at an adjusted $380,862, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FOREST OAKS PUD. 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