2812 Penelope CT, Round Rock TX 78665

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $374,757. I'd recommend coming to market at $392,000 to $398,000 to strike the right balance between value and market velocity. In the current PALOMA LAKE market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. This home's smaller footprint (187 sqft vs the comp average) plays a role in how the market prices it. There are currently 6 similar homes on the market in PALOMA LAKE, ranging from $339,000 to $499,900. The trend in PALOMA LAKE shows prices have fallen 1.4% in the past 6 months. 2431 Santa Barbara LOOP, Round Rock TX 78665 nearby adjusts to $380,671; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group