405 Silent Spring DR, Cedar Park TX 78613

My analysis of 7 comparable properties puts this home's estimated value at $433,327. Based on how the local market is moving, a list price between $420,000 and $446,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in RED OAKS's current inventory. The smaller floor plan (199 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.21 acres versus the area average of 0.16) contributes to the valuation. With 4 similar homes currently listed in RED OAKS (a buyer's market), competition is a factor to consider. The 6 month price trend in RED OAKS: fallen 17.8%. The best comp here is 608 Pebblestone Walk DR, Cedar Park TX 78613 at an adjusted value of $422,688, with a larger floor plan. With 7 comparable sales in RED OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group