The estimated value of this property is $318,055, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $332,000 and $336,000. With 4 comparable homes on the market in PIONEER CROSSING, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Built in 2007, this home is 5 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in PIONEER CROSSING (a balanced market), competition is a factor to consider. Recent trends in 78665 show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 3460 Covered Wagon TRL, Round Rock TX 78665, with an adjusted value of $331,637; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
