2936 Castellan LN, Round Rock TX 78665

The market data from 7 similar recent sales in PALOMA LAKE points to a value of approximately $441,126. To sell within a reasonable timeframe at fair market value, the $461,000 to $462,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in PALOMA LAKE. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in PALOMA LAKE; a buyer's market based on recent absorption. In PALOMA LAKE, home values have fallen approximately 4.9% over the past 6 months. One of the strongest data points is 3029 Columbus LOOP, Round Rock TX 78665, adjusting to $449,330; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group