2648 Ravenwood DR, Round Rock TX 78665

The market data from 6 similar recent sales in SONOMA points to a value of approximately $490,647. To sell within a reasonable timeframe at fair market value, the $404,000 to $414,000 range is where I'd position this. In the current SONOMA market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 269 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2012 construction puts this home 8 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in SONOMA, creating a buyer's market for this price range. In SONOMA, home values have fallen approximately 15.9% over the past 6 months. One of the strongest data points is 1513 Homewood CIR, Round Rock TX 78665, adjusting to $473,588; a strong comparable. 6 comparable transactions in SONOMA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group