421 Lake Side DR, Georgetown TX 78628

The market data from 4 similar recent sales in GABRIELS OVERLOOK points to a value of approximately $739,952. To sell within a reasonable timeframe at fair market value, the $396,000 to $406,000 range is where I'd position this. With 7 comparable homes on the market in GABRIELS OVERLOOK, this price positions the property as the most expensive of 7 comparable homes on the market. Being 347 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.54 acres, the lot is larger than the 1.16 acre comp average, which factors into pricing. With 7 similar homes currently listed in GABRIELS OVERLOOK (a buyer's market), competition is a factor to consider. In GABRIELS OVERLOOK, home values have fallen approximately 7.2% over the past 6 months. One of the strongest data points is 228 Summer Wood CT, Georgetown TX 78628, adjusting to $729,087; with a smaller floor plan and a pool. 4 comparable transactions in GABRIELS OVERLOOK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group