The comparable sales data (5 recent transactions in GABRIELS OVERLOOK) supports an estimated value of $762,755. The data suggests a list price between $856,000 and $1,013,000 would attract qualified buyers without leaving money on the table. Buyers shopping in GABRIELS OVERLOOK right now would see this as a well positioned option among 6 comparable homes. The larger floor plan (162 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2001 (5 years older than comps) is factored into the value estimate. There are currently 6 similar homes on the market in GABRIELS OVERLOOK, ranging from $770,000 to $1,210,000. Prices in GABRIELS OVERLOOK have fallen 7.2% over the last 6 months. A similar home at 404 Oak Meadow DR, Georgetown TX 78628 carries an adjusted comparable value of $701,369, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in GABRIELS OVERLOOK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
