3548 Penelope WAY, Round Rock TX 78665

Based on 6 closed sales in PALOMA LAKE, the data points to a value around $371,340 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $377,000 to $382,000. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in PALOMA LAKE's current inventory. The smaller floor plan (198 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 7 similar properties are competing for buyers in PALOMA LAKE, listed between $339,000 and $475,000. Market data shows PALOMA LAKE prices risen 2% over the last half year. The closest comparable sale, 2431 Santa Barbara LOOP, Round Rock TX 78665 at an adjusted $377,100, is with a larger floor plan. The strength of this estimate comes from 6 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