116 Chadwick DR, Georgetown TX 78628

The estimated value of this property is $964,537, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $712,000 and $722,000. In the current PRESERVE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 2015, this home is 5 years older than the average comp, which is reflected in the adjustments. The 1.00 acre lot (larger than the 0.56 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in PRESERVE, listed between $699,000 and $1,016,900. Recent trends in PRESERVE show home values have fallen 18% since 6 months ago. The most comparable recent sale is 1008 Jonathan CV, Georgetown TX 78628, with an adjusted value of $1,063,592; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group