After reviewing 7 recent transactions in GABRIELS OVERLOOK, I estimate this property's value at $938,496. A competitive list price for this home right now would fall in the $968,000 to $1,046,000 range. This would position the home competitively among 4 active listings in GABRIELS OVERLOOK. At 11 years newer than typical comps, the 2017 build date influences the valuation. The larger lot (1.56 acres versus the area average of 1.28) contributes to the valuation. Current inventory shows 4 comparable homes in GABRIELS OVERLOOK; a buyer's market based on recent absorption. Prices in GABRIELS OVERLOOK have fallen 7.2% over the last 6 months. A similar home at 121 Waterford LN, Georgetown TX 78628 carries an adjusted comparable value of $1,186,041, providing a strong data point. The comp data here (7 sales in GABRIELS OVERLOOK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus