3309 Magellan WAY, Round Rock TX 78665

The market data from 7 similar recent sales in PALOMA LAKE points to a value of approximately $562,916. To sell within a reasonable timeframe at fair market value, the $604,000 to $610,000 range is where I'd position this. With 0 comparable homes on the market in PALOMA LAKE, this price positions the property as no active comparable homes on the market. This home's larger footprint (109 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.26 acre comp average, which factors into pricing. In PALOMA LAKE, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 3351 Vasquez PL, Round Rock TX 78665, adjusting to $584,703; with a larger floor plan. 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