The market data from 7 similar recent sales in MORNINGSTAR points to a value of approximately $307,130. To sell within a reasonable timeframe at fair market value, the $310,000 to $314,000 range is where I'd position this. At this price, the property would be the 0th most expensive of 2 comparable homes on the market comparable homes currently on the market in MORNINGSTAR. The 2019 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 2 similar homes on the market in MORNINGSTAR, ranging from $299,999 to $315,000. In MORNINGSTAR, home values have risen approximately 1.4% over the past 6 months. One of the strongest data points is 212 Canis ST, Georgetown TX 78628, adjusting to $313,747; a strong comparable. 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
