2801 Cool River LOOP, Round Rock TX 78665

The market data from 7 similar recent sales in LAKE FOREST points to a value of approximately $692,680. To sell within a reasonable timeframe at fair market value, the $716,000 to $729,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in LAKE FOREST. Being 309 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.21 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. 4 similar homes are currently available in LAKE FOREST, creating a buyer's market for this price range. In LAKE FOREST, home values have fallen approximately 16.5% over the past 6 months. One of the strongest data points is 2236 Fernspring DR, Round Rock TX 78665, adjusting to $685,888; with a smaller floor plan. 7 comparable transactions in LAKE FOREST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group