The comparable sales data (7 recent transactions in RAINBOW PARKE) supports an estimated value of $372,738. The data suggests a list price between $377,000 and $384,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in RAINBOW PARKE. Lot size matters here: 0.27 acres versus 0.17 for the typical comp. Current inventory shows 7 comparable homes in RAINBOW PARKE; a balanced market based on recent absorption. Prices in 78665 have fallen 7.3% over the last 6 months. A similar home at 1301 Rainbow Parke DR, Round Rock TX 78665 carries an adjusted comparable value of $335,922, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in RAINBOW PARKE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group