The market data from 7 similar recent sales in LOGAN RANCH points to a value of approximately $762,928. To sell within a reasonable timeframe at fair market value, the $612,000 to $622,000 range is where I'd position this. In the current LOGAN RANCH market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 1,289 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2007 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in LOGAN RANCH includes 7 comparable homes priced from $650,000 to $1,249,000. In 78628, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 206 Champions DR, Georgetown TX 78628, adjusting to $785,630; with a smaller floor plan. 7 comparable transactions in LOGAN RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group