645 Arrowood PL, Round Rock TX 78665

The market data from 4 similar recent sales in SONOMA points to a value of approximately $294,086. To sell within a reasonable timeframe at fair market value, the $285,000 to $303,000 range is where I'd position this. With 4 comparable homes on the market in SONOMA, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (393 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in SONOMA; a buyer's market based on recent absorption. In SONOMA, home values have risen approximately 7.9% over the past 6 months. One of the strongest data points is 612 Arrowood PL, Round Rock TX 78665, adjusting to $292,698; with a larger floor plan. 4 comparable transactions in SONOMA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group