3515 Esperanza DR, Round Rock TX 78665

The market data from 7 similar recent sales in PALOMA LAKE points to a value of approximately $392,232. To sell within a reasonable timeframe at fair market value, the $409,000 to $416,000 range is where I'd position this. With 5 comparable homes on the market in PALOMA LAKE, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. 5 similar homes are currently available in PALOMA LAKE, creating a buyer's market for this price range. In PALOMA LAKE, home values have fallen approximately 5.8% over the past 6 months. One of the strongest data points is 3401 De Torres CIR, Round Rock TX 78665, adjusting to $406,030; a strong comparable. 7 comparable transactions in PALOMA LAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group