Ed's Opinion of Value

$554,691 Ed's Estimate: $679,591 $799,990
Lowest Comp Recommended List: $666,000 to $693,000 Highest Comp
Based on 7 closed sales in NORTH LAKE, the data points to a value around $679,591 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $666,000 to $693,000. This would position the home competitively among 7 active listings in NORTH LAKE. The smaller floor plan (132 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 1.20 acres versus 1.12 for the typical comp. Current inventory shows 7 comparable homes in NORTH LAKE; a balanced market based on recent absorption. Market data shows 78633 prices risen 0.6% over the last half year. The closest comparable sale, 229 Sebastian LN, Georgetown TX 78633 at an adjusted $726,659, is with a pool. The strength of this estimate comes from 7 directly comparable sales in NORTH LAKE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
4 Baths
2,863 Sq Ft
1.2 Acres

Location

Property Details

Property Type Residential
MLS # 4628046

Listing History

MLS# 4628046 89 days
Mar 27, 2015 Off Market
Nov 13, 2014 Listed $437,000

Frequently Asked Questions About 251 CR 262, Georgetown TX 78633

How much does 251 CR 262, Georgetown TX 78633 cost?

251 CR 262, Georgetown TX 78633 sold on March 27, 2015. Contact us for sale price details.

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