The estimated value of this property is $781,617, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $847,000 and $870,000. Against 4 similar active listings in 78633, this price point lands at the most affordable of 4 comparable homes on the market. At 133 sqft smaller than the typical comp, the size difference factors into the valuation. The 1.14 acre lot (larger than the 1.09 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in 78633, ranging from $758,000 to $995,000. Recent trends in 78633 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 100 Diamond TRL, Georgetown TX 78633, with an adjusted value of $847,146; with a larger floor plan and a pool. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
