2241 Fernspring DR, Round Rock TX 78665

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $534,118. Pricing this home between $394,000 and $404,000 would put it in the competitive sweet spot for LAKE FOREST. This home's position in the current LAKE FOREST market: the most expensive of 7 comparable homes on the market among comparable properties. The 1,084 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.25) contributes to the valuation. Right now, 7 similar properties are competing for buyers in LAKE FOREST, listed between $375,000 and $614,900. Market data shows LAKE FOREST prices fallen 8.8% over the last half year. The closest comparable sale, 2802 Cool River LOOP, Round Rock TX 78665 at an adjusted $494,998, is with a larger floor plan. With 7 comparable sales in LAKE FOREST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group