3411 Shiraz LOOP, Round Rock TX 78665

The estimated value of this property is $516,029, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $433,000 and $443,000. With 7 comparable homes on the market in SONOMA SOUTH, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 108 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.14 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SONOMA SOUTH; a balanced market based on recent absorption. Recent trends in 78665 show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 2701 Blackstone CV, Round Rock TX 78665, with an adjusted value of $485,539; a strong comparable. Based on 7 relevant data points in SONOMA SOUTH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX