2920 Forest Meadow DR, Round Rock TX 78664

My analysis of 7 comparable properties puts this home's estimated value at $624,296. Based on how the local market is moving, a list price between $509,000 and $519,000 would position this home well. Relative to what's currently available in LAKE FOREST, this home would be the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (272 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.25) contributes to the valuation. Current inventory shows 7 comparable homes in LAKE FOREST; a balanced market based on recent absorption. The 6 month price trend in LAKE FOREST: fallen 10.7%. The best comp here is 1504 Bamfield CV, Round Rock TX 78665 at an adjusted value of $614,524, with a larger floor plan. The comp data here (7 sales in LAKE FOREST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus