1305 Terra ST, Round Rock TX 78665

Reviewing the most recent comparable transactions, this home's market value falls around $322,782. For a well positioned listing in LAUREL RIDGE, I'd target the $328,000 to $341,000 range. In the current LAUREL RIDGE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (135 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.22 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in LAUREL RIDGE; a balanced market based on recent absorption. Recent trends in LAUREL RIDGE show home values have risen 8.8% since 6 months ago. The most comparable recent sale is 1312 Pigeon View ST, Round Rock TX 78665, with an adjusted value of $354,613; with a larger floor plan. 6 comparable transactions in LAUREL RIDGE 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