Market Analysis

$747,998 Ed's Estimate: $874,285 $1,076,254
Lowest Comp Recommended List: $759,000 to $769,000 Highest Comp

Listing History

$764,250 List Price
$946,729 Comp Value
1 Price Reductions

This property was listed at $764,250 and has been on market for 137 days. The price was reduced from $799,999 to $797,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in 78633 points to a value of approximately $874,285. To sell within a reasonable timeframe at fair market value, the $759,000 to $769,000 range is where I'd position this. In the current 78633 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. At 1.00 acres, the lot is smaller than the 1.14 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78633, listed between $675,000 and $1,265,000. In 78633, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 524 Highland Spring LN, Georgetown TX 78633, adjusting to $891,280; a strong comparable. 7 comparable transactions in 78633 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
4 Beds
5 Baths 3 Full, 2 Half
3,117 Sq Ft
1 Acres
2008 Built
3 Garage

Property Highlights

Pool Gunite, Heated, In Ground

Location

Schools

School District Georgetown ISD
Elementary Jo Ann Ford
Middle School Douglas Benold
High School Georgetown

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Ceiling Fan(s), Central Air, Dual, Electric
Heating Central, Electric

Parking

Garage 3 spaces

HOA & Community

HOA Fee $150 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 3782894 106 days
Mar 31, 2023 Off Market
Sep 7, 2022 Listed $925,000

Frequently Asked Questions About 116 Layton WAY, Georgetown TX 78633

When was 116 Layton WAY, Georgetown TX 78633 built?

116 Layton WAY, Georgetown TX 78633 was built in 2008.

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