1209 W Rainbow CV, Round Rock TX 78665

After reviewing 7 recent transactions in RAINBOW PARKE, I estimate this property's value at $500,567. A competitive list price for this home right now would fall in the $525,000 to $540,000 range. This home's position in the current RAINBOW PARKE market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 167 sqft smaller than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in RAINBOW PARKE (a balanced market), competition is a factor to consider. Prices in 78665 have fallen 7.3% over the last 6 months. A similar home at 2707 Saint Paul Rivera LN, Round Rock TX 78665 carries an adjusted comparable value of $524,183, 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