After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $646,427. Pricing this home between $674,000 and $719,000 would put it in the competitive sweet spot for SHADY OAKS ESTATES. This home's position in the current SHADY OAKS ESTATES market: the most affordable of 3 comparable homes on the market among comparable properties. The smaller floor plan (256 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 1998 build date influences the valuation. 3 similar homes are currently available in SHADY OAKS ESTATES, creating a buyer's market for this price range. Market data shows SHADY OAKS ESTATES prices risen 5.1% over the last half year. The closest comparable sale, 404 Ten Oaks DR, Georgetown TX 78633 at an adjusted $669,494, is with a larger floor plan. With 3 comparable sales in SHADY OAKS ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
