609 Hickory Run DR, Cedar Park TX 78613

The market data from 4 similar recent sales in RED OAKS points to a value of approximately $429,828. To sell within a reasonable timeframe at fair market value, the $293,000 to $303,000 range is where I'd position this. In the current RED OAKS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 271 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2006 construction puts this home 7 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in RED OAKS, creating a balanced market for this price range. In RED OAKS, home values have fallen approximately 23.8% over the past 6 months. One of the strongest data points is 604 Pebblestone Walk DR, Cedar Park TX 78613, adjusting to $525,715; with a larger 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