3117 Rabbit Creek DR, Georgetown TX 78626

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $340,836. I'd recommend coming to market at $192,000 to $202,000 to strike the right balance between value and market velocity. Against 7 similar active listings in TERAVISTA, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Built in 2018, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in TERAVISTA (a buyer's market), competition is a factor to consider. The trend in TERAVISTA shows prices have fallen 4.6% in the past 6 months. 5737 Scenic Lake DR, Georgetown TX 78626 nearby adjusts to $330,806; a strong comparable. 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