7 recent sales within a few blocks of this address suggest a current value of $433,057. My recommended list price range for this property would be $451,000 to $462,000. In the current PARKVIEW ESTATES market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. This home's larger footprint (1,177 sqft vs the comp average) plays a role in how the market prices it. The 0.25 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in PARKVIEW ESTATES; a buyer's market based on recent absorption. In 78626, home values have fallen approximately 5.3% over the past 6 months. One of the strongest data points is 123 Parque Vista DR, Georgetown TX 78626, adjusting to $420,770; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group