1548 Homewood CIR, Round Rock TX 78665

The market data from 7 similar recent sales in SONOMA points to a value of approximately $543,495. To sell within a reasonable timeframe at fair market value, the $451,000 to $461,000 range is where I'd position this. Against 4 similar active listings in SONOMA, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (265 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.24 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in SONOMA, listed between $419,900 and $669,999. In SONOMA, home values have fallen approximately 25.8% over the past 6 months. One of the strongest data points is 1654 Belvedere PL, Round Rock TX 78665, adjusting to $661,075; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group