841 Belton WAY, Round Rock TX 78664

After reviewing 3 recent transactions in SOMERVILLE, I estimate this property's value at $303,667. A competitive list price for this home right now would fall in the $373,000 to $425,000 range. Buyers shopping in SOMERVILLE right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.00 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 7 comparable homes in SOMERVILLE; a buyer's market based on recent absorption. Prices in 78664 have fallen 5.6% over the last 6 months. A similar home at 1620 Bryant DR # 1702, Round Rock TX 78664 carries an adjusted comparable value of $262,851, providing a strong data point. With 3 comparable sales in SOMERVILLE, 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