636 Arrowood PL, Round Rock TX 78665

After reviewing 4 recent transactions in SONOMA, I estimate this property's value at $387,805. A competitive list price for this home right now would fall in the $429,000 to $430,000 range. This pricing would rank the home as the 2nd least expensive of 6 comparable homes on the market in SONOMA's current inventory. The smaller lot (0.15 acres versus the area average of 0.19) contributes to the valuation. 6 similar homes are currently available in SONOMA, creating a buyer's market for this price range. Prices in SONOMA have fallen 16.8% over the last 6 months. A similar home at 1624 Belvedere PL, Round Rock TX 78665 carries an adjusted comparable value of $348,875, providing a strong data point. The comp data here (4 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