706 Tom Kite, Round Rock TX 78664

After reviewing 7 recent transactions in FOREST CREEK, I estimate this property's value at $388,543. A competitive list price for this home right now would fall in the $424,000 to $426,000 range. This home's position in the current FOREST CREEK market: the most affordable of 6 comparable homes on the market among comparable properties. Being 130 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. Right now, 6 similar properties are competing for buyers in FOREST CREEK, listed between $409,000 and $449,000. Prices in FOREST CREEK have fallen 25.8% over the last 6 months. A similar home at 3931 Links LN, Round Rock TX 78664 carries an adjusted comparable value of $413,212, providing a strong data point. With 7 comparable sales in FOREST CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group