3501 Penelope WAY, Round Rock TX 78665

The comparable sales data (7 recent transactions in PALOMA LAKE) supports an estimated value of $472,065. The data suggests a list price between $515,000 and $531,000 would attract qualified buyers without leaving money on the table. This home's position in the current PALOMA LAKE market: the most affordable of 7 comparable homes on the market among comparable properties. Being built in 2010 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.19 for the typical comp. Current inventory shows 7 comparable homes in PALOMA LAKE; a buyer's market based on recent absorption. Prices in PALOMA LAKE have fallen 2% over the last 6 months. A similar home at 3420 De Soto LOOP, Round Rock TX 78665 carries an adjusted comparable value of $420,266, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in PALOMA LAKE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group