3308 Luminoso LN E, Round Rock TX 78681

My analysis of 4 comparable properties puts this home's estimated value at $924,199. Based on how the local market is moving, a list price between $732,000 and $742,000 would position this home well. Buyers shopping in SENDERO SPGS right now would see this as a well positioned option among 5 comparable homes. The larger floor plan (182 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.33 acres versus the area average of 0.27) contributes to the valuation. Current inventory shows 5 comparable homes in SENDERO SPGS; a buyer's market based on recent absorption. The 6 month price trend in SENDERO SPGS: fallen 13.1%. The best comp here is 3000 Covington PL, Round Rock TX 78681 at an adjusted value of $929,745, with a pool. With 4 comparable sales in SENDERO SPGS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group