2807 Angelina DR, Round Rock TX 78665

The market data from 7 similar recent sales in PALOMA LAKE points to a value of approximately $490,195. To sell within a reasonable timeframe at fair market value, the $480,000 to $500,000 range is where I'd position this. In the current PALOMA LAKE market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (102 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2009 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in PALOMA LAKE; a balanced market based on recent absorption. In PALOMA LAKE, home values have fallen approximately 2.8% over the past 6 months. One of the strongest data points is 2901 Saint Paul Rivera LN, Round Rock TX 78665, adjusting to $486,256; a strong comparable. 7 comparable transactions in PALOMA LAKE 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