3016 Midwood LN, Round Rock TX 78681

The market data from 3 similar recent sales in ARBOR PLACE points to a value of approximately $1,402,451. To sell within a reasonable timeframe at fair market value, the $896,000 to $906,000 range is where I'd position this. Against 4 similar active listings in ARBOR PLACE, this price point lands at the most expensive of 4 comparable homes on the market. Being 455 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2013 construction puts this home 9 years newer than the comp average, a factor in the pricing. With 4 similar homes currently listed in ARBOR PLACE (a balanced market), competition is a factor to consider. In 78681, home values have risen approximately 0% over the past 6 months. One of the strongest data points is 3012 Wood Springs LN, Round Rock TX 78681, adjusting to $1,293,350; with a smaller floor plan and a pool. 3 comparable transactions in ARBOR PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group