401 Southcross RD, Georgetown TX 78628

The market data from 4 similar recent sales in OAKCREST ESTATES points to a value of approximately $436,480. To sell within a reasonable timeframe at fair market value, the $281,000 to $291,000 range is where I'd position this. Against 7 similar active listings in OAKCREST ESTATES, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 191 sqft size difference versus comparable sales is reflected in the adjusted values. The 1994 construction puts this home 13 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in OAKCREST ESTATES; a seller's market based on recent absorption. In OAKCREST ESTATES, home values have fallen approximately 24.8% over the past 6 months. One of the strongest data points is 116 Southcross RD, Georgetown TX 78628, adjusting to $530,410; with a larger floor plan. 4 comparable transactions in OAKCREST ESTATES 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