Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $621,914. To generate strong buyer interest while maximizing value, I'd price this between $514,000 and $524,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in 78628. This home's larger footprint (1,243 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. There are currently 4 similar homes on the market in 78628, ranging from $425,000 to $710,000. The trend in 78628 shows prices have fallen 1.8% in the past 6 months. 2749 Springwood LN, Georgetown TX 78628 nearby adjusts to $1,040,241; with a larger floor plan and no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
