205 Cibolo Ridge DR, Georgetown TX 78628

The estimated value of this property is $552,500, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $541,000 and $564,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in WATER OAK NORTH. Being 196 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.29 acre lot (larger than the 0.24 acre average) is reflected in the estimate. With 4 similar homes currently listed in WATER OAK NORTH (a balanced market), competition is a factor to consider. Recent trends in WATER OAK NORTH show home values have risen 6.7% since 6 months ago. The most comparable recent sale is 1216 Winding Way DR, Georgetown TX 78628, with an adjusted value of $523,062; a strong comparable. With 4 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