1511 Lake Forest CV NE, Round Rock TX 78665

Based on 3 closed sales in LAKE FOREST, the data points to a value around $1,045,526 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $612,000 to $622,000. This home's position in the current LAKE FOREST market: the most expensive of 4 comparable homes on the market among comparable properties. This home's smaller footprint (418 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.52 acres versus 0.39 for the typical comp. There are currently 4 similar homes on the market in LAKE FOREST, ranging from $550,000 to $1,050,000. Market data shows LAKE FOREST prices fallen 11.9% over the last half year. The closest comparable sale, 2610 Collingwood DR, Round Rock TX 78665 at an adjusted $1,019,273, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in LAKE FOREST. 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