119 Canyon RD, Georgetown TX 78628

Based on 5 closed sales in REATA, the data points to a value around $402,927 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $303,000 to $313,000. Relative to what's currently available in REATA, this home would be the 3rd most expensive of 7 comparable homes on the market. Being 302 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.18 acres versus 0.22 for the typical comp. Current inventory shows 7 comparable homes in REATA; a buyer's market based on recent absorption. Market data shows 78628 prices fallen 1.9% over the last half year. The closest comparable sale, 923 Stagecoach DR, Georgetown TX 78628 at an adjusted $435,718, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in REATA. 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