The comparable sales data (7 recent transactions in LOST RIVER RANCHES) supports an estimated value of $1,049,272. The data suggests a list price between $647,000 and $657,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in LOST RIVER RANCHES. This home's larger footprint (278 sqft vs the comp average) plays a role in how the market prices it. Being built in 1992 (13 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in LOST RIVER RANCHES, listed between $664,888 and $1,995,000. Prices in 78628 have risen 5% over the last 6 months. A similar home at 350 Lost River RD, Georgetown TX 78628 carries an adjusted comparable value of $850,045, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in LOST RIVER RANCHES. 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
