2701 Margarita CT, Round Rock TX 78665

After reviewing 7 recent transactions in PALOMA LAKE, I estimate this property's value at $532,009. A competitive list price for this home right now would fall in the $616,000 to $651,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in PALOMA LAKE's current inventory. The smaller lot (0.00 acres versus the area average of 0.25) contributes to the valuation. Current inventory shows 7 comparable homes in PALOMA LAKE; a buyer's market based on recent absorption. Prices in PALOMA LAKE have fallen 6.9% over the last 6 months. A similar home at 2537 Los Alamos PASS, Round Rock TX 78665 carries an adjusted comparable value of $548,080, providing a strong data point. 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