3604 Penwood CV, Round Rock TX 78664

The estimated value of this property is $1,235,577, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,199,000 and $1,273,000. Against 2 similar active listings in FOREST CREEK, this price point lands at the most expensive of 2 comparable homes on the market. The larger floor plan (442 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.41 acre lot (smaller than the 0.44 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in FOREST CREEK; a buyer's market based on recent absorption. Recent trends in FOREST CREEK show home values have fallen 26.4% since 6 months ago. The most comparable recent sale is 3306 Snead PATH, Round Rock TX 78664, with an adjusted value of $1,143,015; with a smaller floor plan. Based on 3 relevant data points in FOREST CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX