808 Palo Duro LOOP, Round Rock TX 78664

Reviewing the most recent comparable transactions, this home's market value falls around $427,033. For a well positioned listing in SOMERVILLE, I'd target the $465,000 to $486,000 range. Against 5 similar active listings in SOMERVILLE, this price point lands at the 3rd most expensive of 5 comparable homes on the market. The 2015 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in SOMERVILLE; a buyer's market based on recent absorption. Recent trends in 78664 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 2100 Fretboard ST, Round Rock TX 78664, with an adjusted value of $370,310; with a larger floor plan. 6 comparable transactions in SOMERVILLE 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