1508 Foppiano LOOP, Round Rock TX 78665

After reviewing 7 recent transactions in SONOMA, I estimate this property's value at $489,383. A competitive list price for this home right now would fall in the $409,000 to $419,000 range. Buyers shopping in SONOMA right now would see this as a well positioned option among 3 comparable homes. At 120 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.39 acres versus the area average of 0.22) contributes to the valuation. Right now, 3 similar properties are competing for buyers in SONOMA, listed between $392,900 and $649,900. Prices in SONOMA have fallen 16.8% over the last 6 months. A similar home at 1624 Belvedere PL, Round Rock TX 78665 carries an adjusted comparable value of $410,057, providing a strong data point. The comp data here (7 sales in SONOMA) 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