405 Misty Morn LN, Cedar Park TX 78613

The market data from 6 similar recent sales in RED OAKS points to a value of approximately $709,925. To sell within a reasonable timeframe at fair market value, the $719,000 to $804,000 range is where I'd position this. Among the similar homes currently available in RED OAKS, this price point stands out as competitive. Being 334 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in RED OAKS; a balanced market based on recent absorption. In RED OAKS, home values have fallen approximately 25.1% over the past 6 months. One of the strongest data points is 1305 Echo Ridge LN, Cedar Park TX 78613, adjusting to $709,035; with a larger floor plan. 6 comparable transactions in RED OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group