116 Kavanaugh ST, Georgetown TX 78628

Based on 7 closed sales in MORNINGSTAR, the data points to a value around $450,857 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $490,000 to $493,000. Relative to what's currently available in MORNINGSTAR, this home would be the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (116 sqft vs the comp average) plays a role in how the market prices it. Being built in 2017 (5 years older than comps) is factored into the value estimate. 7 similar homes are currently available in MORNINGSTAR, creating a buyer's market for this price range. Market data shows MORNINGSTAR prices risen 3.9% over the last half year. The closest comparable sale, 257 Falling Star LN, Georgetown TX 78628 at an adjusted $405,912, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MORNINGSTAR. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group