129 Mockingbird LN, Georgetown TX 78633

The market data from 5 similar recent sales in NORTH LAKE SEC points to a value of approximately $519,871. To sell within a reasonable timeframe at fair market value, the $504,000 to $535,000 range is where I'd position this. With 3 comparable homes on the market in NORTH LAKE SEC, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 223 sqft smaller than the typical comp, the size difference factors into the valuation. The 1985 construction puts this home 6 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in NORTH LAKE SEC (a buyer's market), competition is a factor to consider. In NORTH LAKE SEC, home values have fallen approximately 8.2% over the past 6 months. One of the strongest data points is 108 Tiller LN, Georgetown TX 78633, adjusting to $432,408; with a smaller floor plan. 5 comparable transactions in NORTH LAKE SEC support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group