3602 Penwood CV, Round Rock TX 78664

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $963,028. I'd recommend coming to market at $814,000 to $824,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in FOREST CREEK. The larger floor plan (232 sqft compared to the average comp) is a meaningful differentiator in this price range. With 6 similar homes currently listed in FOREST CREEK (a buyer's market), competition is a factor to consider. The trend in FOREST CREEK shows prices have fallen 26% in the past 6 months. 3202 Bay Hill LN, Round Rock TX 78664 nearby adjusts to $1,024,614; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group