118 E Sequoia SPUR, Georgetown TX 78628

After reviewing 4 recent transactions in SERENADA WEST, I estimate this property's value at $487,188. A competitive list price for this home right now would fall in the $349,000 to $359,000 range. Relative to what's currently available in SERENADA WEST, this home would be the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (145 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.04 acres versus the area average of 0.99) contributes to the valuation. Right now, 7 similar properties are competing for buyers in SERENADA WEST, listed between $334,990 and $605,000. Prices in 78628 have fallen 1.9% over the last 6 months. A similar home at 4300 Madrid DR, Georgetown TX 78628 carries an adjusted comparable value of $417,578, providing a strong data point. With 4 comparable sales in SERENADA WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group