Based on 7 closed sales in FOREST OAKS, the data points to a value around $648,546 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $667,000 to $668,000. This would position the home competitively among 3 active listings in FOREST OAKS. The 104 sqft size difference versus comparable sales is reflected in the adjusted values. 3 similar homes are currently available in FOREST OAKS, creating a balanced market for this price range. Market data shows FOREST OAKS prices risen 2.8% over the last half year. The closest comparable sale, 306 Water Oak DR, Cedar Park TX 78613 at an adjusted $689,444, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FOREST 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
