1506 Shady Hillside PASS, Round Rock TX 78665

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $491,345. To generate strong buyer interest while maximizing value, I'd price this between $541,000 and $544,000. In the current FOREST RIDGE market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. At 151 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in FOREST RIDGE; a buyer's market based on recent absorption. The trend in FOREST RIDGE shows prices have risen 15.5% in the past 6 months. 1117 Dalea BLF, Round Rock TX 78665 nearby adjusts to $498,329; with a larger floor plan. 7 comparable transactions in FOREST RIDGE 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