2545 Ravenwood DR, Round Rock TX 78665

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $469,930. To generate strong buyer interest while maximizing value, I'd price this between $511,000 and $535,000. With 6 comparable homes on the market in SONOMA, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. At 379 sqft smaller than the typical comp, the size difference factors into the valuation. The 2012 construction puts this home 8 years newer than the comp average, a factor in the pricing. Current inventory shows 6 comparable homes in SONOMA; a buyer's market based on recent absorption. The trend in SONOMA shows prices have fallen 25.8% in the past 6 months. 2701 Blackstone CV, Round Rock TX 78665 nearby adjusts to $469,638; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group