Based on 7 closed sales in SUMMER CREST LTS -14, the data points to a value around $434,380 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $350,000 to $360,000. This would position the home competitively among 4 active listings in SUMMER CREST LTS -14. Lot size matters here: 0.14 acres versus 0.19 for the typical comp. Current inventory shows 4 comparable homes in SUMMER CREST LTS -14; a buyer's market based on recent absorption. Market data shows 78626 prices fallen 1.4% over the last half year. The closest comparable sale, 1072 London LN, Georgetown TX 78626 at an adjusted $348,567, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus