1478 Rainbow Parke DR, Round Rock TX 78665

Based on 7 closed sales in RAINBOW PARKE, the data points to a value around $392,947 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $313,000 to $323,000. This home's position in the current RAINBOW PARKE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.46 acres versus 0.15 for the typical comp. With 7 similar homes currently listed in RAINBOW PARKE (a buyer's market), competition is a factor to consider. Market data shows 78665 prices risen 2.6% over the last half year. The closest comparable sale, 1212 Afghan PATH, Round Rock TX 78664 at an adjusted $283,605, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus