2233 Fernspring DR, Round Rock TX 78665

Reviewing the most recent comparable transactions, this home's market value falls around $721,659. For a well positioned listing in LAKE FOREST, I'd target the $743,000 to $764,000 range. With 7 comparable homes on the market in LAKE FOREST, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. At 0.00 acres, the lot is smaller than the 0.28 acre comp average, which factors into pricing. With 7 similar homes currently listed in LAKE FOREST (a buyer's market), competition is a factor to consider. Recent trends in LAKE FOREST show home values have fallen 3.6% since 6 months ago. The most comparable recent sale is 1512 Lake Forest CV, Round Rock TX 78665, with an adjusted value of $692,512; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group