2804 Cool River LOOP, Round Rock TX 78664

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $709,025. Pricing this home between $737,000 and $768,000 would put it in the competitive sweet spot for LAKE FOREST. Buyers shopping in LAKE FOREST right now would see this as a well positioned option among 7 comparable homes. At 501 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.25) contributes to the valuation. With 7 similar homes currently listed in LAKE FOREST (a buyer's market), competition is a factor to consider. Market data shows LAKE FOREST prices fallen 8.7% over the last half year. The closest comparable sale, 2236 Fernspring DR, Round Rock TX 78665 at an adjusted $669,637, is with a smaller floor plan. With 7 comparable sales in LAKE FOREST, 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