2700 Margarita CT, Round Rock TX 78665

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $556,345. Pricing this home between $585,000 and $591,000 would put it in the competitive sweet spot for PALOMA LAKE. This home's position in the current PALOMA LAKE market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being 234 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.24 acres versus the area average of 0.21) contributes to the valuation. With 7 similar homes currently listed in PALOMA LAKE (a buyer's market), competition is a factor to consider. Market data shows PALOMA LAKE prices fallen 5.3% over the last half year. The closest comparable sale, 3537 De Soto LOOP, Round Rock TX 78665 at an adjusted $543,842, is a strong comparable. 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