3408 Lonesome TRL, Georgetown TX 78628

Reviewing the most recent comparable transactions, this home's market value falls around $308,613. For a well positioned listing in REATA, I'd target the $356,000 to $373,000 range. With 4 comparable homes on the market in REATA, this price positions the property as the most affordable of 4 comparable homes on the market. The smaller floor plan (159 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.20 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in REATA; a balanced market based on recent absorption. Recent trends in REATA show home values have fallen 18.9% since 6 months ago. The most comparable recent sale is 3309 Buffalo Springs TRL, Georgetown TX 78628, with an adjusted value of $273,075; a strong comparable. The 3 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