5012 Sendero Springs DR, Round Rock TX 78681

The market data from 3 similar recent sales in SENDERO SPGS points to a value of approximately $681,964. To sell within a reasonable timeframe at fair market value, the $725,000 to $779,000 range is where I'd position this. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in SENDERO SPGS. The smaller floor plan (192 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2009 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in SENDERO SPGS; a buyer's market based on recent absorption. In SENDERO SPGS, home values have fallen approximately 10.2% over the past 6 months. One of the strongest data points is 3003 Covington PL, Round Rock TX 78681, adjusting to $717,376; with a larger floor plan. The 3 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