1505 Oak Tree LN, Cedar Park TX 78613

Based on 4 closed sales in RED OAKS, the data points to a value around $569,095 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $552,000 to $586,000. This home's position in the current RED OAKS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The larger floor plan (262 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 4 similar properties are competing for buyers in RED OAKS, listed between $489,000 and $599,999. Market data shows RED OAKS prices fallen 25.1% over the last half year. The closest comparable sale, 1603 Avondale DR, Cedar Park TX 78613 at an adjusted $631,112, is with a smaller floor plan and a pool. This estimate draws on 4 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