The estimated value of this property is $781,712, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $812,000 and $816,000. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78633. The 1.33 acre lot (larger than the 1.15 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in 78633; a buyer's market based on recent absorption. Recent trends in 78633 show home values have risen 2.2% since 6 months ago. The most comparable recent sale is 105 Hallie CT, Georgetown TX 78633, with an adjusted value of $842,801; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group