128 Lake Spring CIR, Georgetown TX 78633

The estimated value of this property is $1,049,507, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,029,000 and $1,070,000. In the current LAKESIDE market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (862 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 4 of 7 comparable homes not offering one. Current inventory shows 7 comparable homes in LAKESIDE; a buyer's market based on recent absorption. Recent trends in LAKESIDE show home values have fallen 9.5% since 6 months ago. The most comparable recent sale is 1021 Lower Peninsula LOOP, Georgetown TX 78633, with an adjusted value of $1,718,879; with a smaller floor plan. Based on 7 relevant data points in LAKESIDE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX