1309 River Forest DR, Round Rock TX 78665

After reviewing 7 recent transactions in LAKE FOREST, I estimate this property's value at $773,097. A competitive list price for this home right now would fall in the $604,000 to $614,000 range. This pricing would rank the home as the 2nd most expensive of 6 comparable homes on the market in LAKE FOREST's current inventory. This home's larger footprint (105 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.28 acres versus the area average of 0.24) contributes to the valuation. 6 similar homes are currently available in LAKE FOREST, creating a buyer's market for this price range. Prices in LAKE FOREST have fallen 16.5% over the last 6 months. A similar home at 2236 Fernspring DR, Round Rock TX 78665 carries an adjusted comparable value of $748,272, providing a strong data point. With 7 comparable sales in LAKE FOREST, 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