4116 Placid Creek WAY, Round Rock TX 78665

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $441,626. I'd recommend coming to market at $476,000 to $491,000 to strike the right balance between value and market velocity. In the current TERAVISTA market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 0.30 acre lot (larger than the 0.22 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in TERAVISTA; a buyer's market based on recent absorption. The trend in TERAVISTA shows prices have fallen 3.2% in the past 6 months. 802 Wood Mesa DR, Round Rock TX 78665 nearby adjusts to $490,694; a strong comparable. With 5 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