636 Arrowood PL, Round Rock TX 78665

After reviewing 5 recent transactions in SONOMA, I estimate this property's value at $392,809. A competitive list price for this home right now would fall in the $381,000 to $405,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in SONOMA's current inventory. At 205 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.15 acres versus the area average of 0.18) contributes to the valuation. 3 similar homes are currently available in SONOMA, creating a buyer's market for this price range. Prices in SONOMA have fallen 4.4% over the last 6 months. A similar home at 1870 Paradise Ridge DR, Round Rock TX 78665 carries an adjusted comparable value of $442,847, providing a strong data point. The comp data here (5 sales in SONOMA) 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