4207 Fairmeadow DR, Round Rock TX 78665

After reviewing 7 recent transactions in TERAVISTA, I estimate this property's value at $365,922. A competitive list price for this home right now would fall in the $315,000 to $325,000 range. Relative to what's currently available in TERAVISTA, this home would be the 4th most expensive of 7 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 7 comparable homes in TERAVISTA; a buyer's market based on recent absorption. Prices in TERAVISTA have risen 2.8% over the last 6 months. A similar home at 1606 Westmeadow TRL, Round Rock TX 78665 carries an adjusted comparable value of $361,226, providing a strong data point. The comp data here (7 sales in TERAVISTA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus