1509 Ridge Runner DR, Georgetown TX 78628

My analysis of 5 comparable properties puts this home's estimated value at $408,125. Based on how the local market is moving, a list price between $420,000 and $422,000 would position this home well. This pricing would rank the home as the most affordable of 7 comparable homes on the market in RIVERVIEW's current inventory. The larger lot (0.20 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 7 comparable homes in RIVERVIEW; a buyer's market based on recent absorption. The 6 month price trend in RIVERVIEW: fallen 39%. The best comp here is 505 Tekoa DR, Georgetown TX 78628 at an adjusted value of $411,292, a strong comparable. With 5 comparable sales in RIVERVIEW, 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