216 Cottontail LN, Georgetown TX 78626

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $412,698. I'd recommend coming to market at $299,000 to $309,000 to strike the right balance between value and market velocity. 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 1.50 acre lot (larger than the 0.15 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in RABBIT HOLLOW; a buyer's market based on recent absorption. The trend in 78626 shows prices have fallen 2.7% in the past 6 months. 1012 Plateau TRL, Georgetown TX 78626 nearby adjusts to $371,275; a strong comparable. 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