The comparable sales data (7 recent transactions in NORTH LAKE SEC) supports an estimated value of $363,214. The data suggests a list price between $356,000 and $370,000 would attract qualified buyers without leaving money on the table. Buyers shopping in NORTH LAKE SEC right now would see this as a well positioned option among 7 comparable homes. The smaller floor plan (172 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1985 (12 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in NORTH LAKE SEC, listed between $299,000 and $524,990. Prices in NORTH LAKE SEC have risen 37.9% over the last 6 months. A similar home at 108 Tiller LN, Georgetown TX 78633 carries an adjusted comparable value of $389,943, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in NORTH LAKE SEC. 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