2283 Park Place CIR, Round Rock TX 78681

Reviewing the most recent comparable transactions, this home's market value falls around $562,801. For a well positioned listing in ARBOR PLACE, I'd target the $465,000 to $475,000 range. With 4 comparable homes on the market in ARBOR PLACE, this price positions the property as the most expensive of 4 comparable homes on the market. The smaller floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 4 comparable homes in ARBOR PLACE; a buyer's market based on recent absorption. Recent trends in 78681 show home values have risen 2.3% since 6 months ago. The most comparable recent sale is 426 Valona LOOP, Round Rock TX 78681, with an adjusted value of $518,543; a strong comparable. The 4 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