2216 Park Place CIR, Round Rock TX 78681

Based on 7 closed sales in ARBOR PLACE, the data points to a value around $893,537 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $917,000 to $927,000. Buyers shopping in ARBOR PLACE right now would see this as a well positioned option among 7 comparable homes. Being 643 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2013 (9 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in ARBOR PLACE; a balanced market based on recent absorption. Market data shows 78681 prices risen 1.4% over the last half year. The closest comparable sale, 2268 Park Place CIR, Round Rock TX 78681 at an adjusted $926,555, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in ARBOR PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group