The market data from 7 similar recent sales in WHISPER OAKS CONDOS points to a value of approximately $348,084. To sell within a reasonable timeframe at fair market value, the $137,000 to $147,000 range is where I'd position this. With 3 comparable homes on the market in WHISPER OAKS CONDOS, this price positions the property as the most expensive of 3 comparable homes on the market. At 654 sqft smaller than the typical comp, the size difference factors into the valuation. The 1985 construction puts this home 6 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in WHISPER OAKS CONDOS, ranging from $139,900 to $179,900. In 78628, home values have risen approximately 5.4% over the past 6 months. One of the strongest data points is 901 N Church ST, Georgetown TX 78626, adjusting to $487,142; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group