1205 Rainbow Parke DR, Round Rock TX 78665

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $373,565. To generate strong buyer interest while maximizing value, I'd price this between $390,000 and $397,000. With 7 comparable homes on the market in RAINBOW PARKE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 123 sqft size difference versus comparable sales is reflected in the adjusted values. The 2010 construction puts this home 8 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in RAINBOW PARKE; a balanced market based on recent absorption. The trend in 78665 shows prices have fallen 6.2% in the past 6 months. 3333 Rod Carew DR, Round Rock TX 78665 nearby adjusts to $366,938; with a smaller floor plan. 3 comparable transactions in RAINBOW PARKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group