1501 Merrell, Round Rock TX 78664

Reviewing the most recent comparable transactions, this home's market value falls around $328,723. For a well positioned listing in JESTER FARMS, I'd target the $319,000 to $339,000 range. With 3 comparable homes on the market in JESTER FARMS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in JESTER FARMS; a buyer's market based on recent absorption. Recent trends in JESTER FARMS show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 1869 Wallin LOOP, Round Rock TX 78664, with an adjusted value of $322,778; with a smaller floor plan. 5 comparable transactions in JESTER FARMS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group