403 Silent Spring DR, Cedar Park TX 78613

Based on 3 closed sales in RED OAKS, the data points to a value around $463,814 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $455,000 to $473,000. Relative to what's currently available in RED OAKS, this home would be the 2nd most expensive of 4 comparable homes on the market. At 230 sqft smaller than the typical comp, the size difference factors into the valuation. Right now, 4 similar properties are competing for buyers in RED OAKS, listed between $455,000 and $535,000. Market data shows RED OAKS prices fallen 20.6% over the last half year. The closest comparable sale, 604 Pebblestone Walk DR, Cedar Park TX 78613 at an adjusted $559,472, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in RED 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