Taking into account 6 nearby comparable sales, this property's estimated value comes to $490,812. If we were to list this property today, I'd recommend a list price in the $416,000 to $426,000 range. Relative to what's currently available in SONOMA, this home would be the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (167 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in SONOMA includes 7 comparable homes priced from $400,000 to $575,000. The 6 month price trend in SONOMA: fallen 8.4%. The best comp here is 1513 Homewood CIR, Round Rock TX 78665 at an adjusted value of $468,377, a strong comparable. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus