Based on 7 closed sales in LAKE FOREST REV, the data points to a value around $619,999 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $668,000 to $682,000. This home's position in the current LAKE FOREST REV market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. With 4 similar homes currently listed in LAKE FOREST REV (a balanced market), competition is a factor to consider. Market data shows 78665 prices fallen 7.3% over the last half year. The closest comparable sale, 1240 Pine Forest CIR, Round Rock TX 78665 at an adjusted $575,863, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LAKE FOREST REV. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
