2505 Ravenwood DR, Round Rock TX 78665

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $503,041. I'd recommend coming to market at $406,000 to $416,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in SONOMA, this price positions the property as the most expensive of 4 comparable homes on the market. The smaller floor plan (142 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in SONOMA includes 4 comparable homes priced from $419,900 to $578,870. The trend in SONOMA shows prices have fallen 5.9% in the past 6 months. 1513 Homewood CIR, Round Rock TX 78665 nearby adjusts to $479,449; a strong comparable. With 7 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