Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $736,872. To generate strong buyer interest while maximizing value, I'd price this between $816,000 and $824,000. Against 4 similar active listings in SHELL STONE, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The 1994 construction puts this home 14 years older than the comp average, a factor in the pricing. At 10.01 acres, the lot is larger than the 0.97 acre comp average, which factors into pricing. The active market in SHELL STONE includes 4 comparable homes priced from $699,000 to $1,145,000. The trend in 78628 shows prices have risen 5.5% in the past 6 months. 200 Tovas Secret CV, Georgetown TX 78628 nearby adjusts to $824,483; with a smaller floor plan. 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