102 N Ocatillo LN, Georgetown TX 78633

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $383,201. I'd recommend coming to market at $311,000 to $321,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in WEST RIDGE, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (118 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2001, this home is 19 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in WEST RIDGE; a balanced market based on recent absorption. The trend in 78633 shows prices have risen 0.1% in the past 6 months. 213 S Buffalo PASS, Georgetown TX 78633 nearby adjusts to $435,528; with a larger floor plan. Based on 7 relevant data points in WEST RIDGE, 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