After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $745,601. Pricing this home between $578,000 and $588,000 would put it in the competitive sweet spot for TWIN SPGS. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in TWIN SPGS's current inventory. At 232 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (3.47 acres versus the area average of 1.67) contributes to the valuation. Right now, 7 similar properties are competing for buyers in TWIN SPGS, listed between $575,000 and $950,000. Market data shows 78633 prices fallen 2.6% over the last half year. The closest comparable sale, 208 Landons WAY, Georgetown TX 78633 at an adjusted $778,594, is with a smaller floor plan. The comp data here (3 sales in TWIN SPGS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus