219 Water Oak DR, Cedar Park TX 78613

Based on 7 closed sales in FOREST OAKS, the data points to a value around $605,330 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $638,000 to $639,000. Relative to what's currently available in FOREST OAKS, this home would be the most affordable of 5 comparable homes on the market. This home's larger footprint (145 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.00 acres versus 0.22 for the typical comp. With 5 similar homes currently listed in FOREST OAKS (a balanced market), competition is a factor to consider. Market data shows FOREST OAKS prices fallen 0.8% over the last half year. The closest comparable sale, 1108 Camden CV, Cedar Park TX 78613 at an adjusted $634,608, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in FOREST OAKS. 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