Based on 7 closed sales in GEORGETOWN CROSSING, the data points to a value around $423,506 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $340,000 to $350,000. Buyers shopping in GEORGETOWN CROSSING right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (141 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in GEORGETOWN CROSSING (a seller's market), competition is a factor to consider. Market data shows GEORGETOWN CROSSING prices fallen 3.7% over the last half year. The closest comparable sale, 1414 Newbury ST, Georgetown TX 78626 at an adjusted $365,440, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in GEORGETOWN CROSSING. 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
