704 Arrowood PL, Round Rock TX 78665

The market data from 4 similar recent sales in SONOMA points to a value of approximately $461,323. To sell within a reasonable timeframe at fair market value, the $394,000 to $404,000 range is where I'd position this. In the current SONOMA market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 287 sqft size difference versus comparable sales is reflected in the adjusted values. With 7 similar homes currently listed in SONOMA (a buyer's market), competition is a factor to consider. In SONOMA, home values have fallen approximately 16.8% over the past 6 months. One of the strongest data points is 2817 Barefoot LN, Round Rock TX 78665, adjusting to $528,813; 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