1505 Pendleton DR, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $788,475. For a well positioned listing in RED OAKS, I'd target the $608,000 to $618,000 range. In the current RED OAKS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 250 sqft larger than the typical comp, the size difference factors into the valuation. The active market in RED OAKS includes 7 comparable homes priced from $599,000 to $865,000. Recent trends in 78613 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 1604 Avondale DR, Cedar Park TX 78613, with an adjusted value of $792,754; with a smaller floor plan. The 3 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