Reviewing the most recent comparable transactions, this home's market value falls around $823,165. For a well positioned listing in GABRIELS OVERLOOK, I'd target the $948,000 to $977,000 range. Against 3 similar active listings in GABRIELS OVERLOOK, this price point lands at the most affordable of 3 comparable homes on the market. The pool is a differentiator here, since 3 of 4 comparable sales didn't include one. At 1.00 acres, the lot is smaller than the 1.06 acre comp average, which factors into pricing. The active market in GABRIELS OVERLOOK includes 3 comparable homes priced from $849,000 to $1,195,000. Recent trends in GABRIELS OVERLOOK show home values have fallen 12.2% since 6 months ago. The most comparable recent sale is 104 Gabriels LOOP, Georgetown TX 78628, with an adjusted value of $841,671; 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