311 S Lynnwood TRL, Cedar Park TX 78613

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $454,368. I'd recommend coming to market at $469,000 to $483,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in FOREST OAKS, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. Built in 2005, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.21 acre average) is reflected in the estimate. With 6 similar homes currently listed in FOREST OAKS (a balanced market), competition is a factor to consider. The trend in FOREST OAKS shows prices have fallen 0.8% in the past 6 months. 1006 Savanna LN, Cedar Park TX 78613 nearby adjusts to $404,802; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group