405 Misty Morn LN, Cedar Park TX 78613

Based on 5 closed sales in RED OAKS, the data points to a value around $792,525 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $783,000 to $793,000. This would position the home competitively among 7 active listings in RED OAKS. The larger floor plan (309 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in RED OAKS; a buyer's market based on recent absorption. Market data shows RED OAKS prices fallen 25.1% over the last half year. The closest comparable sale, 502 Spring Arbor LN, Cedar Park TX 78613 at an adjusted $878,805, is with a smaller floor plan and a pool. The strength of this estimate comes from 5 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