3017 Margarita LOOP, Round Rock TX 78665

The market data from 7 similar recent sales in PALOMA LAKE points to a value of approximately $600,968. To sell within a reasonable timeframe at fair market value, the $518,000 to $528,000 range is where I'd position this. With 7 comparable homes on the market in PALOMA LAKE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The larger floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 7 similar properties are competing for buyers in PALOMA LAKE, listed between $475,000 and $675,000. In PALOMA LAKE, home values have fallen approximately 2.6% over the past 6 months. One of the strongest data points is 2537 Los Alamos PASS, Round Rock TX 78665, adjusting to $601,678; a strong comparable. 7 comparable transactions in PALOMA LAKE 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