The market data from 4 similar recent sales in BERRY CREEK points to a value of approximately $458,872. To sell within a reasonable timeframe at fair market value, the $376,000 to $386,000 range is where I'd position this. Against 4 similar active listings in BERRY CREEK, this price point lands at the most expensive of 4 comparable homes on the market. The 2007 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.24 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in BERRY CREEK, listed between $419,900 and $475,000. In BERRY CREEK, home values have risen approximately 19% over the past 6 months. One of the strongest data points is 30404 Tiger Woods DR, Georgetown TX 78628, adjusting to $401,130; with a larger floor plan. The 4 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
