2202 Magnolia, Round Rock TX 78664

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $256,216. I'd recommend coming to market at $289,000 to $291,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SOUTHERN TERRACE (REV), this price point stands out as competitive. Being 133 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1969, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in SOUTHERN TERRACE (REV); a buyer's market based on recent absorption. The trend in 78664 shows prices have risen 0.3% in the past 6 months. 106 Tower DR, Round Rock TX 78664 nearby adjusts to $242,205; with a larger floor plan. Based on 6 relevant data points in SOUTHERN TERRACE (REV), I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX