101 N Sumac LN, Georgetown TX 78633

The market data from 7 similar recent sales in WEST RIDGE points to a value of approximately $901,315. To sell within a reasonable timeframe at fair market value, the $705,000 to $715,000 range is where I'd position this. With 7 comparable homes on the market in WEST RIDGE, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 414 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.50 acres, the lot is smaller than the 4.02 acre comp average, which factors into pricing. With 7 similar homes currently listed in WEST RIDGE (a balanced market), competition is a factor to consider. In 78633, home values have risen approximately 0.1% over the past 6 months. One of the strongest data points is 203 S Prairie LN, Georgetown TX 78633, adjusting to $628,102; with a smaller floor plan. The 7 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