431 Farris Ranch RD, Georgetown TX 78633

The market data from 7 similar recent sales in 78633 points to a value of approximately $661,503. To sell within a reasonable timeframe at fair market value, the $536,000 to $546,000 range is where I'd position this. Against 7 similar active listings in 78633, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1991 construction puts this home 34 years older than the comp average, a factor in the pricing. At 4.47 acres, the lot is larger than the 0.46 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78633 (a balanced market), competition is a factor to consider. In 78633, home values have risen approximately 0.1% over the past 6 months. One of the strongest data points is 512 Vale Pond Spur DR, Georgetown TX 78633, adjusting to $832,274; with a larger floor plan. 7 comparable transactions in 78633 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