1511 Sylvia LN, Round Rock TX 78681

Reviewing the most recent comparable transactions, this home's market value falls around $301,358. For a well positioned listing in SOMERSET, I'd target the $314,000 to $318,000 range. Against 3 similar active listings in SOMERSET, this price point lands at the most expensive of 3 comparable homes on the market. Being 178 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1995 construction puts this home 8 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in SOMERSET; a balanced market based on recent absorption. Recent trends in SOMERSET show home values have risen 22.1% since 6 months ago. The most comparable recent sale is 1606 Woods BLVD, Round Rock TX 78681, with an adjusted value of $317,917; with a larger floor plan. 3 comparable transactions in SOMERSET 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