501 Scarlet Maple DR, Cedar Park TX 78613

Based on 7 closed sales in RED OAKS, the data points to a value around $706,547 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $692,000 to $721,000. Buyers shopping in RED OAKS right now would see this as a well positioned option among 7 comparable homes. The 180 sqft size difference versus comparable sales is reflected in the adjusted values. A pool adds market appeal. Only 7 minus 5 of the comps had one. 7 similar homes are currently available in RED OAKS, creating a balanced market for this price range. Market data shows RED OAKS prices fallen 20.6% over the last half year. The closest comparable sale, 502 Spring Arbor LN, Cedar Park TX 78613 at an adjusted $816,838, is a strong comparable. The strength of this estimate comes from 7 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