121 Council RD, Georgetown TX 78633

Based on 7 closed sales in NORTH LAKE SEC, the data points to a value around $560,671 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $434,000 to $444,000. This home's position in the current NORTH LAKE SEC market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 2004 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 2.53 acres versus 1.09 for the typical comp. Current inventory shows 7 comparable homes in NORTH LAKE SEC; a buyer's market based on recent absorption. Market data shows NORTH LAKE SEC prices fallen 8.2% over the last half year. The closest comparable sale, 316 Cherokee TRL, Georgetown TX 78633 at an adjusted $669,487, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus