1132 Alexandria WAY, Round Rock TX 78665

After reviewing 7 recent transactions in RAINBOW PARKE, I estimate this property's value at $384,932. A competitive list price for this home right now would fall in the $300,000 to $310,000 range. This home's position in the current RAINBOW PARKE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 127 sqft larger than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in RAINBOW PARKE (a buyer's market), competition is a factor to consider. Prices in 78665 have fallen 7.3% over the last 6 months. A similar home at 1212 Afghan PATH, Round Rock TX 78664 carries an adjusted comparable value of $257,311, providing a strong data point. With 7 comparable sales in RAINBOW PARKE, 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