The comparable sales data (7 recent transactions in PALOMA LAKE) supports an estimated value of $451,119. The data suggests a list price between $463,000 and $476,000 would attract qualified buyers without leaving money on the table. Buyers shopping in PALOMA LAKE right now would see this as a well positioned option among 5 comparable homes. Lot size matters here: 0.21 acres versus 0.17 for the typical comp. With 5 similar homes currently listed in PALOMA LAKE (a buyer's market), competition is a factor to consider. Prices in PALOMA LAKE have fallen 4% over the last 6 months. A similar home at 3029 Columbus LOOP, Round Rock TX 78665 carries an adjusted comparable value of $463,478, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus