3851 Harvey Penick, Round Rock TX 78664

The market data from 7 similar recent sales in FOREST CREEK points to a value of approximately $512,178. To sell within a reasonable timeframe at fair market value, the $538,000 to $585,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in FOREST CREEK. At 108 sqft larger than the typical comp, the size difference factors into the valuation. At 0.26 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in FOREST CREEK; a buyer's market based on recent absorption. In FOREST CREEK, home values have fallen approximately 27.6% over the past 6 months. One of the strongest data points is 3904 Harvey Penick DR, Round Rock TX 78664, adjusting to $630,573; with a pool. 7 comparable transactions in FOREST CREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group