3506 Cheyenne ST, Round Rock TX 78664

The market data from 7 similar recent sales in 78664 points to a value of approximately $297,052. To sell within a reasonable timeframe at fair market value, the $315,000 to $316,000 range is where I'd position this. With 7 comparable homes on the market in 78664, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. 7 similar homes are currently available in 78664, creating a buyer's market for this price range. In 78664, home values have fallen approximately 6.1% over the past 6 months. One of the strongest data points is 1587 Haynie BND, Round Rock TX 78665, adjusting to $295,249; a strong comparable. 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