500 Ridgecrest RD, Georgetown TX 78628

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $371,700. I'd recommend coming to market at $395,000 to $398,000 to strike the right balance between value and market velocity. Against 2 similar active listings in 78628, this price point lands at the most expensive of 2 comparable homes on the market. The 122 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1972, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in 78628; a buyer's market based on recent absorption. The trend in 78628 shows prices have fallen 1.9% in the past 6 months. 501 Meadowbrook DR, Georgetown TX 78628 nearby adjusts to $364,980; a strong comparable. Based on 4 relevant data points in 78628, 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