The market data from 7 similar recent sales in ROUND ROCK RANCH points to a value of approximately $458,143. To sell within a reasonable timeframe at fair market value, the $449,000 to $467,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in ROUND ROCK RANCH. The larger floor plan (983 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.26 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. 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
