1281 Rainbow Parke DR, Round Rock TX 78665

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $363,615. I'd recommend coming to market at $419,000 to $421,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in RAINBOW PARKE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Built in 2010, this home is 5 years newer than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in RAINBOW PARKE, creating a buyer's market for this price range. The trend in 78665 shows prices have risen 2.8% in the past 6 months. 1200 Hyde Park DR, Round Rock TX 78665 nearby adjusts to $394,715; with a smaller floor plan. Based on 7 relevant data points in RAINBOW PARKE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX