2968 Margarita LOOP, Round Rock TX 78665

After reviewing 7 recent transactions in PALOMA LAKE, I estimate this property's value at $494,275. A competitive list price for this home right now would fall in the $540,000 to $548,000 range. This would position the home competitively among 7 active listings in PALOMA LAKE. The smaller lot (0.00 acres versus the area average of 0.19) contributes to the valuation. 7 similar homes are currently available in PALOMA LAKE, creating a buyer's market for this price range. Prices in PALOMA LAKE have risen 0.5% over the last 6 months. A similar home at 2904 Santa Rosita DR, Round Rock TX 78665 carries an adjusted comparable value of $489,831, providing a strong data point. The comp data here (7 sales in 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