117 Vivion LN, Georgetown TX 78626

Based on 3 closed sales in UNIVERSITY PARK, the data points to a value around $299,069 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $338,000 to $375,000. Relative to what's currently available in UNIVERSITY PARK, this home would be the most affordable of 4 comparable homes on the market. Being 399 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1996 (5 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in UNIVERSITY PARK (a balanced market), competition is a factor to consider. Market data shows UNIVERSITY PARK prices fallen 3.7% over the last half year. The closest comparable sale, 2213 Waizel WAY, Georgetown TX 78626 at an adjusted $286,874, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in UNIVERSITY PARK. 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