408 Northwood DR, Georgetown TX 78628

The market data from 7 similar recent sales in NORTHWOOD OAKS points to a value of approximately $279,434. To sell within a reasonable timeframe at fair market value, the $311,000 to $325,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in NORTHWOOD OAKS. At 0.21 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in NORTHWOOD OAKS; a buyer's market based on recent absorption. In 78628, home values have risen approximately 5.4% over the past 6 months. One of the strongest data points is 1603 Park LN, Georgetown TX 78628, adjusting to $208,225; a strong comparable. 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