1417 Rainbow Parke DR, Round Rock TX 78665

After reviewing 7 recent transactions in RAINBOW PARKE, I estimate this property's value at $487,628. A competitive list price for this home right now would fall in the $521,000 to $522,000 range. This home's position in the current RAINBOW PARKE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 5 years older than typical comps, the 2007 build date influences the valuation. Current inventory shows 7 comparable homes in RAINBOW PARKE; a buyer's market based on recent absorption. Prices in 78665 have risen 2.2% over the last 6 months. A similar home at 3513 Penelope WAY, Round Rock TX 78665 carries an adjusted comparable value of $471,764, providing a strong data point. The comp data here (7 sales in RAINBOW PARKE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus