1361 Rainbow Parke DR, Round Rock TX 78665

After reviewing 5 recent transactions in RAINBOW PARKE, I estimate this property's value at $415,699. A competitive list price for this home right now would fall in the $425,000 to $435,000 range. This would position the home competitively among 4 active listings in RAINBOW PARKE. This home's larger footprint (167 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 4 comparable homes in RAINBOW PARKE; a buyer's market based on recent absorption. Prices in 78665 have fallen 6.8% over the last 6 months. A similar home at 1301 Rainbow Parke DR, Round Rock TX 78665 carries an adjusted comparable value of $403,253, providing a strong data point. With 5 comparable sales in RAINBOW PARKE, 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