1721 Hidden Springs PATH, Round Rock TX 78665

After reviewing 7 recent transactions in TERAVISTA, I estimate this property's value at $449,526. A competitive list price for this home right now would fall in the $383,000 to $393,000 range. Buyers shopping in TERAVISTA right now would see this as a well positioned option among 7 comparable homes. At 122 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.14 acres versus the area average of 0.17) contributes to the valuation. With 7 similar homes currently listed in TERAVISTA (a buyer's market), competition is a factor to consider. Prices in TERAVISTA have risen 15.6% over the last 6 months. A similar home at 4198 Fairmeadow DR, Round Rock TX 78665 carries an adjusted comparable value of $465,082, providing a strong data point. With 7 comparable sales in TERAVISTA, 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