2260 Fernspring DR, Round Rock TX 78665

Based on 7 closed sales in LAKE FOREST, the data points to a value around $714,856 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $701,000 to $729,000. This home's position in the current LAKE FOREST market: the most expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (194 sqft compared to the average comp) is a meaningful differentiator in this price range. With 4 similar homes currently listed in LAKE FOREST (a buyer's market), competition is a factor to consider. Market data shows LAKE FOREST prices fallen 9.1% over the last half year. The closest comparable sale, 2607 Deep River CIR, Round Rock TX 78665 at an adjusted $656,292, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus