1601 Chowan PL, Round Rock TX 78681

The estimated value of this property is $472,777, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $367,000 and $377,000. In the current CIMARRON market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. This home's smaller footprint (128 sqft vs the comp average) plays a role in how the market prices it. The 0.56 acre lot (larger than the 0.34 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in CIMARRON, listed between $345,000 and $550,000. Recent trends in CIMARRON show home values have fallen 11.3% since 6 months ago. The most comparable recent sale is 2502 W Messick LOOP, Round Rock TX 78681, with an adjusted value of $520,558; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group