4200 Madrid DR, Georgetown TX 78628

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $519,660. I'd recommend coming to market at $345,000 to $355,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SERENADA WEST, this price positions the property as the most expensive of 7 comparable homes on the market. This home's smaller footprint (246 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 3 of 5 comparable homes not offering one. Buyers in SERENADA WEST have 7 comparable options right now, with asking prices between $323,990 and $549,900. The trend in 78628 shows prices have fallen 1.9% in the past 6 months. 527 W ESPARADA DR, Georgetown TX 78628 nearby adjusts to $552,173; with a smaller floor plan. Based on 5 relevant data points in SERENADA WEST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX