2602 Deep River CIR, Round Rock TX 78665

After reviewing 6 recent transactions in LAKE FOREST, I estimate this property's value at $598,610. A competitive list price for this home right now would fall in the $452,000 to $462,000 range. This would position the home competitively among 4 active listings in LAKE FOREST. The smaller floor plan (143 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.26 acres versus the area average of 0.21) contributes to the valuation. Right now, 4 similar properties are competing for buyers in LAKE FOREST, listed between $400,000 and $750,000. Prices in LAKE FOREST have fallen 9.1% over the last 6 months. A similar home at 2802 Cool River LOOP, Round Rock TX 78665 carries an adjusted comparable value of $634,018, providing a strong data point. With 6 comparable sales in LAKE FOREST, 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