Reviewing the most recent comparable transactions, this home's market value falls around $388,258. For a well positioned listing in GORDON RYDELL, I'd target the $297,000 to $307,000 range. In the current GORDON RYDELL market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The 904 sqft size difference versus comparable sales is reflected in the adjusted values. The 1978 construction puts this home 39 years older than the comp average, a factor in the pricing. With 2 similar homes currently listed in GORDON RYDELL (a buyer's market), competition is a factor to consider. Recent trends in 78628 show home values have fallen 1.9% since 6 months ago. The most comparable recent sale is 143 Kavanaugh ST, Georgetown TX 78628, with an adjusted value of $307,555; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group