My analysis of 6 comparable properties puts this home's estimated value at $610,263. Based on how the local market is moving, a list price between $710,000 and $725,000 would position this home well. Buyers shopping in 78633 right now would see this as a well positioned option among 4 comparable homes. The smaller lot (1.04 acres versus the area average of 1.08) contributes to the valuation. 4 similar homes are currently available in 78633, creating a balanced market for this price range. The 6 month price trend in 78633: risen 0.2%. The best comp here is 220 Olde Oak DR, Georgetown TX 78633 at an adjusted value of $450,298, with a smaller floor plan. With 6 comparable sales in 78633, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
