2704 Collingwood DR, Round Rock TX 78665

Reviewing the most recent comparable transactions, this home's market value falls around $1,040,484. For a well positioned listing in LAKE FOREST, I'd target the $801,000 to $811,000 range. In the current LAKE FOREST market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 588 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. Current inventory shows 4 comparable homes in LAKE FOREST; a buyer's market based on recent absorption. Recent trends in LAKE FOREST show home values have fallen 8.8% since 6 months ago. The most comparable recent sale is 705 Cliffside Cove, Round Rock TX 78665, with an adjusted value of $1,155,130; 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