602 Spring Arbor LN, Cedar Park TX 78613

Reviewing the most recent comparable transactions, this home's market value falls around $794,600. For a well positioned listing in RED OAKS, I'd target the $625,000 to $635,000 range. In the current RED OAKS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 405 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in RED OAKS; a buyer's market based on recent absorption. Recent trends in RED OAKS show home values have risen 1.4% since 6 months ago. The most comparable recent sale is 404 Scarlet Maple DR, Cedar Park TX 78613, with an adjusted value of $660,752; with a smaller floor plan. 4 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