1311 Creekstone DR, Cedar Park TX 78613

After reviewing 4 recent transactions in RED OAKS, I estimate this property's value at $921,555. A competitive list price for this home right now would fall in the $662,000 to $672,000 range. This would position the home competitively among 7 active listings in RED OAKS. This home's larger footprint (1,009 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.37 acres versus the area average of 0.25) contributes to the valuation. With 7 similar homes currently listed in RED OAKS (a buyer's market), competition is a factor to consider. Prices in RED OAKS have risen 19.8% over the last 6 months. A similar home at 1305 Echo Ridge LN, Cedar Park TX 78613 carries an adjusted comparable value of $900,632, providing a strong data point. With 4 comparable sales in RED 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