1607 BARCUS DR, Georgetown TX 78626

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $297,053. To generate strong buyer interest while maximizing value, I'd price this between $309,000 and $325,000. In the current UNIVERSITY PARK market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. The 1998 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.20 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. With 5 similar homes currently listed in UNIVERSITY PARK (a balanced market), competition is a factor to consider. The trend in UNIVERSITY PARK shows prices have fallen 3.7% in the past 6 months. 2213 Waizel WAY, Georgetown TX 78626 nearby adjusts to $280,769; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group