Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $622,751. To generate strong buyer interest while maximizing value, I'd price this between $441,000 and $451,000. Against 7 similar active listings in SUN CITY GEORGETOWN NEIGHBORHOOD, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (188 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in SUN CITY GEORGETOWN NEIGHBORHOOD (a balanced market), competition is a factor to consider. The trend in SUN CITY GEORGETOWN NEIGHBORHOOD shows prices have fallen 4.7% in the past 6 months. 226 Whispering Wind DR, Georgetown TX 78633 nearby adjusts to $493,000; 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
