1016 Balanced Rock PL, Round Rock TX 78681

After reviewing 7 recent transactions in PRESERVE STONE OAK, I estimate this property's value at $436,309. A competitive list price for this home right now would fall in the $374,000 to $384,000 range. Relative to what's currently available in PRESERVE STONE OAK, this home would be the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.21 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in PRESERVE STONE OAK (a buyer's market), competition is a factor to consider. Prices in PRESERVE STONE OAK have risen 10.6% over the last 6 months. A similar home at 3318 Cantera WAY, Round Rock TX 78681 carries an adjusted comparable value of $484,361, providing a strong data point. With 7 comparable sales in PRESERVE STONE OAK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group