1406 Pendleton DR, Cedar Park TX 78613

The market data from 7 similar recent sales in RED OAKS points to a value of approximately $706,649. To sell within a reasonable timeframe at fair market value, the $592,000 to $602,000 range is where I'd position this. With 7 comparable homes on the market in RED OAKS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in RED OAKS; a balanced market based on recent absorption. In 78613, home values have fallen approximately 3.4% over the past 6 months. One of the strongest data points is 404 Scarlet Maple DR, Cedar Park TX 78613, adjusting to $623,684; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group