4 recent sales within a mile of this address suggest a current value of $372,205. My recommended list price range for this property would be $280,000 to $290,000. With 7 comparable homes on the market in INDIAN CREEK, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 0.51 acre lot (larger than the 0.39 acre average) is reflected in the estimate. With 7 similar homes currently listed in INDIAN CREEK (a buyer's market), competition is a factor to consider. In 78626, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 50112 Indian Creek CV, Georgetown TX 78626, adjusting to $392,076; a strong comparable. Based on 4 relevant data points in INDIAN CREEK, 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
