1308 Echo Ridge LN, Cedar Park TX 78613

Based on 3 closed sales in RED OAKS, the data points to a value around $774,583 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $809,000 to $821,000. This home's position in the current RED OAKS market: the most affordable of 3 comparable homes on the market among comparable properties. This home's larger footprint (314 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.39 acres versus 0.25 for the typical comp. There are currently 3 similar homes on the market in RED OAKS, ranging from $799,000 to $950,000. Market data shows RED OAKS prices fallen 17.8% over the last half year. The closest comparable sale, 1305 Echo Ridge LN, Cedar Park TX 78613 at an adjusted $795,823, is with a larger floor plan. This estimate draws on 3 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