3024 Margarita LOOP, Round Rock TX 78665

Reviewing the most recent comparable transactions, this home's market value falls around $575,264. For a well positioned listing in PALOMA LAKE, I'd target the $617,000 to $637,000 range. In the current PALOMA LAKE market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 121 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.26 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. With 7 similar homes currently listed in PALOMA LAKE (a buyer's market), competition is a factor to consider. Recent trends in PALOMA LAKE show home values have risen 2.5% since 6 months ago. The most comparable recent sale is 2816 Saint Frances CT, Round Rock TX 78665, with an adjusted value of $595,049; 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