1565 Jerusalem DR, Round Rock TX 78664

The market data from 5 similar recent sales in SPRINGBROOK CENTRE points to a value of approximately $418,457. To sell within a reasonable timeframe at fair market value, the $453,000 to $459,000 range is where I'd position this. With 6 comparable homes on the market in SPRINGBROOK CENTRE, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The 300 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.24 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 6 similar homes currently listed in SPRINGBROOK CENTRE (a balanced market), competition is a factor to consider. In SPRINGBROOK CENTRE, home values have fallen approximately 2.4% over the past 6 months. One of the strongest data points is 1705 Cranston CV, Round Rock TX 78664, adjusting to $452,960; a strong comparable. 5 comparable transactions in SPRINGBROOK CENTRE 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