Based on 7 closed sales in 78633, the data points to a value around $456,400 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $352,000 to $362,000. Relative to what's currently available in 78633, this home would be the 0th most expensive of 7 comparable homes on the market. Lot size matters here: 0.50 acres versus 1.20 for the typical comp. Current inventory shows 7 comparable homes in 78633; a buyer's market based on recent absorption. Market data shows 78633 prices fallen 1.6% over the last half year. The closest comparable sale, 501 County Road 248, Georgetown TX 78633 at an adjusted $264,996, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78633. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
