1474 Rainbow Parke DR, Round Rock TX 78665

Based on 3 closed sales in RAINBOW PARKE, the data points to a value around $344,010 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $411,000 to $414,000. Relative to what's currently available in RAINBOW PARKE, this home would be the most affordable of 7 comparable homes on the market. This home's larger footprint (176 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.00 acres versus 0.17 for the typical comp. Buyers in RAINBOW PARKE have 7 comparable options right now, with asking prices between $358,900 and $480,000. Market data shows 78665 prices fallen 7.3% over the last half year. The closest comparable sale, 1301 Rainbow Parke DR, Round Rock TX 78665 at an adjusted $340,320, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in RAINBOW PARKE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group