1103 Penny LN, Round Rock TX 78681

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $453,543. Pricing this home between $503,000 and $505,000 would put it in the competitive sweet spot for ROUND ROCK WEST. This home's position in the current ROUND ROCK WEST market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The smaller lot (0.28 acres versus the area average of 0.32) contributes to the valuation. With 4 similar homes currently listed in ROUND ROCK WEST (a balanced market), competition is a factor to consider. Market data shows ROUND ROCK WEST prices fallen 9.6% over the last half year. The closest comparable sale, 1204 Lime Rock DR, Round Rock TX 78681 at an adjusted $422,069, is a strong comparable. The comp data here (7 sales in ROUND ROCK WEST) 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