206 Richmond ST, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $475,492. For a well positioned listing in FOREST OAKS, I'd target the $410,000 to $420,000 range. With 3 comparable homes on the market in FOREST OAKS, this price positions the property as the most expensive of 3 comparable homes on the market. At 125 sqft smaller than the typical comp, the size difference factors into the valuation. The 2008 construction puts this home 8 years newer than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in FOREST OAKS, listed between $389,000 and $435,000. Recent trends in FOREST OAKS show home values have risen 3.9% since 6 months ago. The most comparable recent sale is 112 S Lynnwood TRL, Cedar Park TX 78613, with an adjusted value of $466,750; a strong comparable. 4 comparable transactions in FOREST OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group