Based on 7 closed sales in 78628, the data points to a value around $693,148 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $767,000 to $827,000. Relative to what's currently available in 78628, this home would be the most affordable of 3 comparable homes on the market. This home's larger footprint (1,112 sqft vs the comp average) plays a role in how the market prices it. Being built in 1997 (5 years older than comps) is factored into the value estimate. With 3 similar homes currently listed in 78628 (a buyer's market), competition is a factor to consider. Market data shows 78628 prices risen 3% over the last half year. The closest comparable sale, 2908 Whisper Oaks LN, Georgetown TX 78628 at an adjusted $545,226, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
