Based on 4 closed sales in 78628, the data points to a value around $896,381 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $964,000 to $971,000. Relative to what's currently available in 78628, this home would be the 4th most expensive of 7 comparable homes on the market. The 301 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.00 acres versus 0.82 for the typical comp. Right now, 7 similar properties are competing for buyers in 78628, listed between $829,900 and $1,199,000. Market data shows 78628 prices risen 5% over the last half year. The closest comparable sale, 504 River Down RD, Georgetown TX 78628 at an adjusted $710,216, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in 78628. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
