706 Old Ravine CT, Round Rock TX 78665

The market data from 6 similar recent sales in TERAVISTA points to a value of approximately $653,681. To sell within a reasonable timeframe at fair market value, the $728,000 to $735,000 range is where I'd position this. With 5 comparable homes on the market in TERAVISTA, this price positions the property as the most affordable of 5 comparable homes on the market. At 694 sqft larger than the typical comp, the size difference factors into the valuation. The 2005 construction puts this home 5 years older than the comp average, a factor in the pricing. 5 similar homes are currently available in TERAVISTA, creating a buyer's market for this price range. In TERAVISTA, home values have risen approximately 15.6% over the past 6 months. One of the strongest data points is 4122 Green Vista PL, Round Rock TX 78665, adjusting to $618,333; with a smaller floor plan. 6 comparable transactions in TERAVISTA 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