146 Penny LN, Georgetown TX 78633

My analysis of 5 comparable properties puts this home's estimated value at $610,495. Based on how the local market is moving, a list price between $690,000 and $700,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in GABRIEL ESTATES's current inventory. At 115 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (1.00 acres versus the area average of 1.06) contributes to the valuation. 4 similar homes are currently available in GABRIEL ESTATES, creating a buyer's market for this price range. The 6 month price trend in 78633: fallen 2.4%. The best comp here is 220 Olde Oak DR, Georgetown TX 78633 at an adjusted value of $436,530, a strong comparable. With 5 comparable sales in GABRIEL ESTATES, 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