1512 Laurel Oak LOOP, Round Rock TX 78665

After reviewing 7 recent transactions in FOREST RIDGE, I estimate this property's value at $459,923. A competitive list price for this home right now would fall in the $378,000 to $388,000 range. This home's position in the current FOREST RIDGE market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. Being 125 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 5 years older than typical comps, the 1996 build date influences the valuation. Current inventory shows 6 comparable homes in FOREST RIDGE; a seller's market based on recent absorption. Prices in FOREST RIDGE have risen 44.3% over the last 6 months. A similar home at 1117 Dalea BLF, Round Rock TX 78665 carries an adjusted comparable value of $521,414, providing a strong data point. With 7 comparable sales in FOREST RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group