1111 Rock Mill LN, Georgetown TX 78626

My analysis of 7 comparable properties puts this home's estimated value at $487,714. Based on how the local market is moving, a list price between $502,000 and $503,000 would position this home well. Buyers shopping in TERAVISTA right now would see this as a well positioned option among 6 comparable homes. The smaller lot (0.12 acres versus the area average of 0.17) contributes to the valuation. With 6 similar homes currently listed in TERAVISTA (a buyer's market), competition is a factor to consider. The 6 month price trend in TERAVISTA: fallen 0.7%. The best comp here is 512 Blue Agave LN, Georgetown TX 78626 at an adjusted value of $502,773, a strong comparable. With 7 comparable sales in TERAVISTA, 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