208 Mourning Dove LN, Georgetown TX 78626

Reviewing the most recent comparable transactions, this home's market value falls around $408,698. For a well positioned listing in RABBIT HOLLOW, I'd target the $316,000 to $326,000 range. With 7 comparable homes on the market in RABBIT HOLLOW, this price positions the property as the most expensive of 7 comparable homes on the market. The 1997 construction puts this home 14 years older than the comp average, a factor in the pricing. At 2.17 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in RABBIT HOLLOW; a buyer's market based on recent absorption. Recent trends in 78626 show home values have fallen 1.9% since 6 months ago. The most comparable recent sale is 110 S Ridge CIR, Georgetown TX 78628, with an adjusted value of $508,377; a strong comparable. 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