314 Silent Spring DR, Cedar Park TX 78613

The estimated value of this property is $744,622, based on 6 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $730,000 and $760,000. In the current RED OAKS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 213 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in RED OAKS; a balanced market based on recent absorption. Recent trends in RED OAKS show home values have fallen 16.9% since 6 months ago. The most comparable recent sale is 1207 Quiet Creek DR, Cedar Park TX 78613, with an adjusted value of $740,683; a strong comparable. Based on 6 relevant data points in RED OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX