120 Canyon RD, Georgetown TX 78628

My analysis of 7 comparable properties puts this home's estimated value at $455,665. Based on how the local market is moving, a list price between $395,000 and $405,000 would position this home well. This home's position in the current REATA market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. Being 297 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.39 acres versus the area average of 0.31) contributes to the valuation. The active market in REATA includes 5 comparable homes priced from $398,000 to $570,000. The 6 month price trend in REATA: fallen 18.9%. The best comp here is 3403 Northwest BLVD, Georgetown TX 78628 at an adjusted value of $465,362, with a smaller floor plan. The comp data here (7 sales in REATA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus