1006 Collingwood CV, Round Rock TX 78665

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $923,270. Pricing this home between $911,000 and $1,034,000 would put it in the competitive sweet spot for LAKE FOREST. Relative to what's currently available in LAKE FOREST, this home would be the most expensive of 3 comparable homes on the market. At 269 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.76 acres versus the area average of 0.28) contributes to the valuation. With 3 similar homes currently listed in LAKE FOREST (a balanced market), competition is a factor to consider. Market data shows LAKE FOREST prices fallen 11.9% over the last half year. The closest comparable sale, 1504 Bamfield CV, Round Rock TX 78665 at an adjusted $846,163, is with a smaller floor plan. The comp data here (7 sales in LAKE FOREST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus