116 Silverstone, Georgetown TX 78633

The market data from 3 similar recent sales in WESTLAKE WOODS points to a value of approximately $1,073,567. To sell within a reasonable timeframe at fair market value, the $1,041,000 to $1,106,000 range is where I'd position this. In the current WESTLAKE WOODS market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. The larger floor plan (658 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.05 acres, the lot is smaller than the 1.10 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in WESTLAKE WOODS, listed between $995,000 and $1,450,000. In 78633, home values have fallen approximately 2.4% over the past 6 months. One of the strongest data points is 17 Highland Spring LN, Georgetown TX 78633, adjusting to $1,015,403; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group