221 Precipice WAY, Georgetown TX 78626

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $355,671. I'd recommend coming to market at $383,000 to $399,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in PINNACLE. This home's larger footprint (426 sqft vs the comp average) plays a role in how the market prices it. Built in 2007, this home is 7 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in PINNACLE (a buyer's market), competition is a factor to consider. The trend in PINNACLE shows prices have risen 3% in the past 6 months. 509 Pinnacle DR, Georgetown TX 78626 nearby adjusts to $337,830; a strong comparable. Based on 5 relevant data points in PINNACLE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX