After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $1,050,089. Pricing this home between $1,019,000 and $1,082,000 would put it in the competitive sweet spot for WOODS/FOUNTAINWOOD. Relative to what's currently available in WOODS/FOUNTAINWOOD, this home would be the 2nd least expensive of 4 comparable homes on the market. Being 406 sqft larger than the average comparable sale in this area impacts the per square foot value. At 6 years older than typical comps, the 2014 build date influences the valuation. With 4 similar homes currently listed in WOODS/FOUNTAINWOOD (a buyer's market), competition is a factor to consider. Market data shows 78633 prices fallen 0.2% over the last half year. The closest comparable sale, 403 Highland Spring LN, Georgetown TX 78633 at an adjusted $1,026,220, is with a smaller floor plan. With 4 comparable sales in WOODS/FOUNTAINWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
