2624 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 $571,506. I'd recommend coming to market at $653,000 to $691,000 to strike the right balance between value and market velocity. Against 7 similar active listings in SONOMA, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (482 sqft vs the comp average) plays a role in how the market prices it. The 0.00 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. With 7 similar homes currently listed in SONOMA (a buyer's market), competition is a factor to consider. The trend in SONOMA shows prices have fallen 15.9% in the past 6 months. 1532 Homewood CIR, Round Rock TX 78665 nearby adjusts to $489,853; with a smaller floor plan. Based on 7 relevant data points in SONOMA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX