1202 MELBOURNE LN, Round Rock TX 78664

My analysis of 5 comparable properties puts this home's estimated value at $305,610. Based on how the local market is moving, a list price between $318,000 and $354,000 would position this home well. Relative to what's currently available in 78664, this home would be the 2nd least expensive of 4 comparable homes on the market. The larger lot (0.30 acres versus the area average of 0.26) contributes to the valuation. There are currently 4 similar homes on the market in 78664, ranging from $299,000 to $425,000. The 6 month price trend in 78664: fallen 5.9%. The best comp here is 1604 Wildflower DR, Round Rock TX 78664 at an adjusted value of $295,317, a strong comparable. With 5 comparable sales in 78664, 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