101 Longwedge LN, Georgetown TX 78628

Reviewing the most recent comparable transactions, this home's market value falls around $721,677. For a well positioned listing in RESERVE/BERRY CRK, I'd target the $393,000 to $403,000 range. With 7 comparable homes on the market in RESERVE/BERRY CRK, this price positions the property as the most expensive of 7 comparable homes on the market. At 216 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.53 acres, the lot is larger than the 0.40 acre comp average, which factors into pricing. With 7 similar homes currently listed in RESERVE/BERRY CRK (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 118 NE Verrena WAY, Georgetown TX 78628, with an adjusted value of $691,865; with a larger floor plan. The 4 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