Based on 3 closed sales in WEST RIDGE, the data points to a value around $504,136 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $430,000 to $440,000. Relative to what's currently available in WEST RIDGE, this home would be the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (388 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in WEST RIDGE, creating a balanced market for this price range. Market data shows 78633 prices risen 0.1% over the last half year. The closest comparable sale, 103 Algarita CV, Georgetown TX 78633 at an adjusted $445,636, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in WEST RIDGE. 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
