The estimated value of this property is $526,106, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $453,000 and $463,000. Among the similar homes currently available in OAKCREST ESTATES, this price point stands out as competitive. Built in 1983, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.60 acre lot (larger than the 0.53 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in OAKCREST ESTATES, listed between $449,000 and $499,999. Recent trends in OAKCREST ESTATES show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 116 Southcross RD, Georgetown TX 78628, with an adjusted value of $556,320; with a smaller floor plan. With 7 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