200 Lakeway DR, Georgetown TX 78628

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $317,920. I'd recommend coming to market at $352,000 to $354,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in REATA, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Being 194 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1984, this home is 5 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in REATA, creating a buyer's market for this price range. The trend in 78628 shows prices have fallen 1.9% in the past 6 months. 3400 Buffalo Springs TRL, Georgetown TX 78628 nearby adjusts to $301,235; a strong comparable. Based on 7 relevant data points in REATA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX