After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $653,801. Pricing this home between $385,000 and $395,000 would put it in the competitive sweet spot for SHADY OAKS ESTATES. This home's position in the current SHADY OAKS ESTATES market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. The smaller floor plan (233 sqft compared to the average comp) is a meaningful differentiator in this price range. At 8 years older than typical comps, the 1998 build date influences the valuation. 5 similar homes are currently available in SHADY OAKS ESTATES, 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, 104 Roble Roja DR, Georgetown TX 78633 at an adjusted $719,349, is with a larger floor plan. With 5 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
