The comparable sales data (7 recent transactions in LOST RIVER RANCHES) supports an estimated value of $1,237,949. The data suggests a list price between $662,000 and $672,000 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 (259 sqft vs the comp average) plays a role in how the market prices it. Being built in 1992 (14 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 $699,990 and $1,600,000. Prices in 78628 have fallen 4% over the last 6 months. A similar home at 212 Wind Ridge CV, Georgetown TX 78628 carries an adjusted comparable value of $1,440,790, 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
