Taking into account 5 nearby comparable sales, this property's estimated value comes to $312,490. If we were to list this property today, I'd recommend a list price in the $303,000 to $322,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in UNIVERSITY PARK's current inventory. The larger floor plan (122 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.17 acres versus 0.14 for the typical comp. The active market in UNIVERSITY PARK includes 3 comparable homes priced from $269,000 to $350,000. The 6 month price trend in UNIVERSITY PARK: fallen 3.7%. The best comp here is 2213 Waizel WAY, Georgetown TX 78626 at an adjusted value of $298,377, a strong comparable. This estimate draws on 5 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