Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,626,204. To generate strong buyer interest while maximizing value, I'd price this between $1,234,000 and $1,244,000. In the current CIMARRON HILLS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The larger floor plan (207 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.77 acres, the lot is larger than the 0.60 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in CIMARRON HILLS, ranging from $1,150,000 to $1,399,000. The trend in CIMARRON HILLS shows prices have risen 29.3% in the past 6 months. 101 Hopewell CIR, Georgetown TX 78628 nearby adjusts to $1,428,345; with a pool. 3 comparable transactions in CIMARRON HILLS 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
