Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $624,888. To generate strong buyer interest while maximizing value, I'd price this between $606,000 and $644,000. With 3 comparable homes on the market in SENDERO SPGS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (123 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.27 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. The active market in SENDERO SPGS includes 3 comparable homes priced from $650,000 to $750,000. The trend in SENDERO SPGS shows prices have fallen 10.2% in the past 6 months. 3103 Quail Run DR, Round Rock TX 78681 nearby adjusts to $592,128; a strong comparable. The 5 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