The estimated value of this property is $776,999, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $847,000 and $870,000. Against 3 similar active listings in 78633, this price point lands at the most affordable of 3 comparable homes on the market. At 128 sqft smaller than the typical comp, the size difference factors into the valuation. There are currently 3 similar homes on the market in 78633, ranging from $815,000 to $995,000. Recent trends in 78633 show home values have fallen 1.4% since 6 months ago. The most comparable recent sale is 106 Lakeview LN, Georgetown TX 78633, with an adjusted value of $583,685; a strong comparable. With 6 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
