1501 Silver Oak TRL, Cedar Park TX 78613

Based on 7 closed sales in SILVER OAK, the data points to a value around $486,234 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $495,000 to $496,000. Relative to what's currently available in SILVER OAK, this home would be the most expensive of 5 comparable homes on the market. The larger floor plan (159 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in SILVER OAK includes 5 comparable homes priced from $395,500 to $519,900. Market data shows SILVER OAK prices risen 30% over the last half year. The closest comparable sale, 1517 Silver Oak TRL, Cedar Park TX 78613 at an adjusted $501,620, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SILVER OAK. 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