306 S Lynnwood TRL, Cedar Park TX 78613

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $562,788. Pricing this home between $575,000 and $586,000 would put it in the competitive sweet spot for FOREST OAKS. This home's position in the current FOREST OAKS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (103 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years newer than typical comps, the 2008 build date influences the valuation. Current inventory shows 3 comparable homes in FOREST OAKS; a balanced market based on recent absorption. Market data shows FOREST OAKS prices fallen 0.8% over the last half year. The closest comparable sale, 1006 Savanna LN, Cedar Park TX 78613 at an adjusted $491,688, is with a smaller floor plan. With 7 comparable sales in FOREST OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group