2905 Magellan WAY, Round Rock TX 78665

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $506,492. I'd recommend coming to market at $535,000 to $536,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in PALOMA LAKE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 124 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2009, this home is 6 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in PALOMA LAKE, listed between $500,000 and $589,000. The trend in PALOMA LAKE shows prices have risen 0.5% in the past 6 months. 2537 Los Alamos PASS, Round Rock TX 78665 nearby adjusts to $547,658; with a larger floor plan. With 7 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