103 Tejas TRL, Georgetown TX 78628

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $480,119. I'd recommend coming to market at $381,000 to $391,000 to strike the right balance between value and market velocity. In the current NORTH LAKE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 1973, this home is 46 years older than the average comp, which is reflected in the adjustments. The 6.79 acre lot (larger than the 0.26 acre average) is reflected in the estimate. With 7 similar homes currently listed in NORTH LAKE (a buyer's market), competition is a factor to consider. The trend in 78628 shows prices have risen 4.4% in the past 6 months. 117 Emerald Grove DR, Georgetown TX 78633 nearby adjusts to $450,234; a strong comparable. Based on 7 relevant data points in NORTH LAKE, 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