1905 Bandera CV, Round Rock TX 78665

The market data from 7 similar recent sales in SONOMA points to a value of approximately $672,339. To sell within a reasonable timeframe at fair market value, the $812,000 to $949,000 range is where I'd position this. In the current SONOMA market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. At 1,466 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. Current inventory shows 3 comparable homes in SONOMA; a buyer's market based on recent absorption. In SONOMA, home values have fallen approximately 25.8% over the past 6 months. One of the strongest data points is 1532 Homewood CIR, Round Rock TX 78665, adjusting to $634,862; with a smaller floor plan and no pool. 7 comparable transactions in SONOMA 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