305 Harbor DR, Georgetown TX 78633

The market data from 5 similar recent sales in NORTH LAKE SEC points to a value of approximately $609,994. To sell within a reasonable timeframe at fair market value, the $515,000 to $525,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in NORTH LAKE SEC. The 2001 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 1.25 acres, the lot is larger than the 1.03 acre comp average, which factors into pricing. With 3 similar homes currently listed in NORTH LAKE SEC (a buyer's market), competition is a factor to consider. In NORTH LAKE SEC, home values have fallen approximately 8.2% over the past 6 months. One of the strongest data points is 140 Ridgewood CV, Georgetown TX 78633, adjusting to $598,520; a strong comparable. 5 comparable transactions in NORTH LAKE SEC support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group