2922 Magellan WAY, Round Rock TX 78665

My analysis of 7 comparable properties puts this home's estimated value at $420,252. Based on how the local market is moving, a list price between $480,000 and $490,000 would position this home well. This pricing would rank the home as the most affordable of 4 comparable homes on the market in RIDGE PALOMA LAKE's current inventory. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 4 comparable homes in RIDGE PALOMA LAKE; a balanced market based on recent absorption. The 6 month price trend in 78665: fallen 3.7%. The best comp here is 1733 Westmeadow TRL, Round Rock TX 78665 at an adjusted value of $406,866, a strong comparable. The comp data here (7 sales in RIDGE PALOMA LAKE) 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