1905 Alvarado DR, Round Rock TX 78664

Reviewing the most recent comparable transactions, this home's market value falls around $309,000. For a well positioned listing in WARNER RANCH, I'd target the $256,000 to $266,000 range. With 7 comparable homes on the market in WARNER RANCH, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 2018 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in WARNER RANCH; a buyer's market based on recent absorption. Recent trends in 78664 show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 1620 Bryant DR # 1702, Round Rock TX 78664, with an adjusted value of $260,354; a strong comparable. 7 comparable transactions in WARNER RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group