503 Western TRL, Georgetown TX 78628

After reviewing 7 recent transactions in REATA, I estimate this property's value at $280,511. A competitive list price for this home right now would fall in the $339,000 to $341,000 range. This home's position in the current REATA market: the most affordable of 3 comparable homes on the market among comparable properties. At 128 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.23 acres versus the area average of 0.28) contributes to the valuation. Current inventory shows 3 comparable homes in REATA; a buyer's market based on recent absorption. Prices in 78628 have fallen 1.9% over the last 6 months. A similar home at 3416 Buffalo Springs TRL, Georgetown TX 78628 carries an adjusted comparable value of $257,680, providing a strong data point. The comp data here (7 sales in REATA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus