2508 Santa Barbara LOOP, Round Rock TX 78665

After reviewing 7 recent transactions in PALOMA LAKE, I estimate this property's value at $389,807. A competitive list price for this home right now would fall in the $378,000 to $402,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in PALOMA LAKE's current inventory. The smaller lot (0.00 acres versus the area average of 0.17) 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% over the last 6 months. A similar home at 2748 Marshall TRL, Round Rock TX 78665 carries an adjusted comparable value of $415,400, providing a strong data point. With 7 comparable sales in PALOMA LAKE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group