3020 Midwood LN, Round Rock TX 78681

The market data from 7 similar recent sales in ARBOR PLACE points to a value of approximately $1,254,068. To sell within a reasonable timeframe at fair market value, the $895,000 to $905,000 range is where I'd position this. Against 3 similar active listings in ARBOR PLACE, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (1,256 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2012 construction puts this home 7 years newer than the comp average, a factor in the pricing. With 3 similar homes currently listed in ARBOR PLACE (a balanced market), competition is a factor to consider. In 78681, home values have risen approximately 0.8% over the past 6 months. One of the strongest data points is 3012 Wood Springs LN, Round Rock TX 78681, adjusting to $1,274,226; with a smaller floor plan and a pool. 7 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