Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $473,487. To generate strong buyer interest while maximizing value, I'd price this between $503,000 and $520,000. Against 3 similar active listings in CIMARRON, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (213 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 3 similar properties are competing for buyers in CIMARRON, listed between $390,000 and $485,000. The trend in CIMARRON shows prices have fallen 12.6% in the past 6 months. 1801 Lightfoot DR, Round Rock TX 78681 nearby adjusts to $456,511; with a smaller floor plan. The 7 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