1420 April Meadows LOOP, Georgetown TX 78626

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $423,710. Pricing this home between $311,000 and $321,000 would put it in the competitive sweet spot for TERAVISTA. This would position the home competitively among 7 active listings in TERAVISTA. At 147 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.21 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 7 comparable homes in TERAVISTA; a buyer's market based on recent absorption. Market data shows TERAVISTA prices fallen 1% over the last half year. The closest comparable sale, 1606 Westmeadow TRL, Round Rock TX 78665 at an adjusted $413,633, is a strong comparable. With 5 comparable sales in TERAVISTA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group