1513 Ridge Runner DR, Georgetown TX 78628

My analysis of 7 comparable properties puts this home's estimated value at $423,328. Based on how the local market is moving, a list price between $460,000 and $462,000 would position this home well. This would position the home competitively among 7 active listings in RIVERVIEW. At 150 sqft larger 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 RIVERVIEW; a buyer's market based on recent absorption. The 6 month price trend in RIVERVIEW: fallen 39%. The best comp here is 544 Tekoa DR, Georgetown TX 78628 at an adjusted value of $419,318, a strong comparable. With 7 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