1514 Foppiano LOOP, Round Rock TX 78664

My analysis of 6 comparable properties puts this home's estimated value at $408,224. Based on how the local market is moving, a list price between $450,000 and $463,000 would position this home well. Relative to what's currently available in SONOMA, this home would be the 3rd least expensive of 6 comparable homes on the market. The 293 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 6 comparable homes in SONOMA; a buyer's market based on recent absorption. The 6 month price trend in SONOMA: fallen 16.8%. The best comp here is 1624 Belvedere PL, Round Rock TX 78665 at an adjusted value of $344,318, a strong comparable. With 6 comparable sales in SONOMA, 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