The estimated value of this property is $384,438, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $506,000 and $545,000. In the current WOODLAKE market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. Being 201 sqft smaller than the average comparable sale in this area impacts the per square foot value. Buyers in WOODLAKE have 5 comparable options right now, with asking prices between $350,000 and $730,000. Recent trends in WOODLAKE show home values have fallen 0.2% since 6 months ago. The most comparable recent sale is 328 Cedar Lake BLVD, Georgetown TX 78633, with an adjusted value of $422,784; with a smaller floor plan. Based on 5 relevant data points in WOODLAKE, 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