317 Farris Ranch RD, Georgetown TX 78633

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $434,770. To generate strong buyer interest while maximizing value, I'd price this between $320,000 and $330,000. With 3 comparable homes on the market in 78633, this price positions the property as the most expensive of 3 comparable homes on the market. The 2000 construction puts this home 17 years older than the comp average, a factor in the pricing. At 6.54 acres, the lot is larger than the 1.36 acre comp average, which factors into pricing. With 3 similar homes currently listed in 78633 (a balanced market), competition is a factor to consider. The trend in 78633 shows prices have risen 0.2% in the past 6 months. 830 Live Oak TRL, Liberty Hill TX 78642 nearby adjusts to $491,933; with a smaller floor plan. The 7 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