1248 Pine Forest CIR, Round Rock TX 78665

After reviewing 7 recent transactions in LAKE FOREST REV, I estimate this property's value at $690,537. A competitive list price for this home right now would fall in the $587,000 to $597,000 range. This home's position in the current LAKE FOREST REV market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The 113 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.24) contributes to the valuation. Current inventory shows 7 comparable homes in LAKE FOREST REV; a balanced market based on recent absorption. Prices in 78665 have fallen 7.3% over the last 6 months. A similar home at 2708 Deep River CIR, Round Rock TX 78665 carries an adjusted comparable value of $759,394, providing a strong data point. With 7 comparable sales in LAKE FOREST REV, 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