2372 Paradise Ridge DR, Round Rock TX 78665

The market data from 5 similar recent sales in SONOMA points to a value of approximately $436,802. To sell within a reasonable timeframe at fair market value, the $432,000 to $464,000 range is where I'd position this. Among the similar homes currently available in SONOMA, this price point stands out as competitive. At 213 sqft larger than the typical comp, the size difference factors into the valuation. At 0.13 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in SONOMA; a buyer's market based on recent absorption. In SONOMA, home values have fallen approximately 25.8% over the past 6 months. One of the strongest data points is 2817 Barefoot LN, Round Rock TX 78665, adjusting to $528,953; with a larger floor plan. 5 comparable transactions in SONOMA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group