3568 Rosalina LOOP, Round Rock TX 78665

The market data from 7 similar recent sales in PALOMA LAKE points to a value of approximately $488,934. To sell within a reasonable timeframe at fair market value, the $513,000 to $514,000 range is where I'd position this. With 7 comparable homes on the market in PALOMA LAKE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (119 sqft vs the comp average) plays a role in how the market prices it. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in PALOMA LAKE; a buyer's market based on recent absorption. In PALOMA LAKE, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 3412 Vasquez PL, Round Rock TX 78665, adjusting to $454,628; 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