Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $581,267. I'd recommend coming to market at $641,000 to $655,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78633, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 2014, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.50 acre lot (larger than the 0.40 acre average) is reflected in the estimate. Buyers in 78633 have 7 comparable options right now, with asking prices between $524,900 and $801,900. The trend in 78633 shows prices have fallen 1.6% in the past 6 months. 129 Camp Verde DR, Georgetown TX 78633 nearby adjusts to $641,188; a strong comparable. Based on 7 relevant data points in 78633, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
