6 recent sales within half a mile of this address suggest a current value of $380,795. My recommended list price range for this property would be $293,000 to $303,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in PALOMA LAKE. The smaller floor plan (228 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2007, this home is 5 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in PALOMA LAKE, ranging from $285,000 to $475,000. In PALOMA LAKE, home values have risen approximately 2% over the past 6 months. One of the strongest data points is 2431 Santa Barbara LOOP, Round Rock TX 78665, adjusting to $388,128; with a larger floor plan. Based on 6 relevant data points in PALOMA LAKE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
