2292 Fernspring DR, Round Rock TX 78665

Based on 7 closed sales in LAKE FOREST, the data points to a value around $440,709 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $458,000 to $500,000. Relative to what's currently available in LAKE FOREST, this home would be the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (183 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 3 comparable homes in LAKE FOREST; a buyer's market based on recent absorption. Market data shows LAKE FOREST prices fallen 16.5% over the last half year. The closest comparable sale, 2802 Cool River LOOP, Round Rock TX 78665 at an adjusted $524,517, is with a larger floor plan. 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