215 Water Oak DR, Cedar Park TX 78613

The market data from 7 similar recent sales in FOREST OAKS points to a value of approximately $661,608. To sell within a reasonable timeframe at fair market value, the $772,000 to $774,000 range is where I'd position this. In the current FOREST OAKS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 258 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. With 7 similar homes currently listed in FOREST OAKS (a balanced market), competition is a factor to consider. In FOREST OAKS, home values have risen approximately 3.9% over the past 6 months. One of the strongest data points is 309 Bramble DR, Cedar Park TX 78613, adjusting to $723,254; with a pool. 7 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