3520 Shiraz LOOP, Round Rock TX 78665

After reviewing 7 recent transactions in SONOMA SOUTH, I estimate this property's value at $468,964. A competitive list price for this home right now would fall in the $384,000 to $394,000 range. Relative to what's currently available in SONOMA SOUTH, this home would be the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (191 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years newer than typical comps, the 2007 build date influences the valuation. With 5 similar homes currently listed in SONOMA SOUTH (a balanced market), competition is a factor to consider. Prices in 78665 have fallen 7.3% over the last 6 months. A similar home at 2701 Blackstone CV, Round Rock TX 78665 carries an adjusted comparable value of $451,649, providing a strong data point. With 7 comparable sales in SONOMA SOUTH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group