2224 Fernspring DR, Round Rock TX 78665

Based on 7 closed sales in LAKE FOREST, the data points to a value around $569,819 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $381,000 to $391,000. This home's position in the current LAKE FOREST market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (1,481 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in LAKE FOREST; a balanced market based on recent absorption. Market data shows LAKE FOREST prices fallen 10.7% over the last half year. The closest comparable sale, 1240 Pine Forest CIR, Round Rock TX 78665 at an adjusted $509,375, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in LAKE FOREST. 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