4204 Madrid DR, Georgetown TX 78628

After reviewing 4 recent transactions in SERENADA WEST, I estimate this property's value at $551,939. A competitive list price for this home right now would fall in the $605,000 to $611,000 range. This home's position in the current SERENADA WEST market: the most affordable of 3 comparable homes on the market among comparable properties. The larger floor plan (132 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (1.04 acres versus the area average of 0.99) contributes to the valuation. 3 similar homes are currently available in SERENADA WEST, creating a buyer's market for this price range. Prices in 78628 have fallen 1.9% over the last 6 months. A similar home at 100 W Esparada DR, Georgetown TX 78628 carries an adjusted comparable value of $604,923, providing a strong data point. With 4 comparable sales in SERENADA WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group