220 Cherokee Rose CIR, Georgetown TX 78626

My analysis of 7 comparable properties puts this home's estimated value at $452,007. Based on how the local market is moving, a list price between $483,000 and $487,000 would position this home well. Buyers shopping in TERAVISTA right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 7 comparable homes in TERAVISTA; a buyer's market based on recent absorption. The 6 month price trend in TERAVISTA: fallen 4.6%. The best comp here is 512 Blue Agave LN, Georgetown TX 78626 at an adjusted value of $483,357, a strong comparable. With 7 comparable sales in TERAVISTA, 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