1602 Westmeadow TRL, Round Rock TX 78665

The market data from 7 similar recent sales in TERAVISTA points to a value of approximately $453,311. To sell within a reasonable timeframe at fair market value, the $394,000 to $404,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in TERAVISTA. At 0.26 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. 7 similar homes are currently available in TERAVISTA, creating a buyer's market for this price range. In TERAVISTA, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 1200 April Meadows LOOP, Georgetown TX 78626, adjusting to $416,155; 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