1602 Rock Creek DR, Round Rock TX 78681

After reviewing 5 recent transactions in CIMARRON, I estimate this property's value at $469,260. A competitive list price for this home right now would fall in the $455,000 to $483,000 range. Buyers shopping in CIMARRON right now would see this as a well positioned option among 3 comparable homes. Having a pool is a plus; 3 of the 5 comps lacked one. The smaller lot (0.20 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 3 comparable homes in CIMARRON; a balanced market based on recent absorption. Prices in CIMARRON have fallen 11.3% over the last 6 months. A similar home at 1602 Wildwood DR, Round Rock TX 78681 carries an adjusted comparable value of $398,562, providing a strong data point. With 5 comparable sales in CIMARRON, 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