2307 Mimosa TRL, Round Rock TX 78664

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $277,653. I'd recommend coming to market at $300,000 to $311,000 to strike the right balance between value and market velocity. In the current SOUTH CREEK market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The smaller floor plan (129 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in SOUTH CREEK; a seller's market based on recent absorption. The trend in SOUTH CREEK shows prices have fallen 3% in the past 6 months. 2307 Wisteria WAY, Round Rock TX 78664 nearby adjusts to $299,696; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group