705 Arrowood PL, Round Rock TX 78665

The market data from 7 similar recent sales in SONOMA points to a value of approximately $493,004. To sell within a reasonable timeframe at fair market value, the $406,000 to $416,000 range is where I'd position this. In the current SONOMA market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (133 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in SONOMA; a buyer's market based on recent absorption. In SONOMA, home values have fallen approximately 16.8% over the past 6 months. One of the strongest data points is 2701 Blackstone CV, Round Rock TX 78665, adjusting to $484,420; a strong comparable. 7 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