2426 Santa Barbara LOOP, Round Rock TX 78665

After reviewing 7 recent transactions in PALOMA LAKE, I estimate this property's value at $458,759. A competitive list price for this home right now would fall in the $505,000 to $521,000 range. This home's position in the current PALOMA LAKE market: the most affordable of 7 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 2008 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 7 comparable homes in PALOMA LAKE; a buyer's market based on recent absorption. Prices in PALOMA LAKE have fallen 4.9% over the last 6 months. A similar home at 3513 Penelope WAY, Round Rock TX 78665 carries an adjusted comparable value of $440,564, providing a strong data point. The comp data here (7 sales in PALOMA LAKE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus