The comparable sales data (7 recent transactions in INDIAN CREEK) supports an estimated value of $326,753. The data suggests a list price between $337,000 and $348,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in INDIAN CREEK's current inventory. Being built in 1985 (20 years older than comps) is factored into the value estimate. Lot size matters here: 0.47 acres versus 0.32 for the typical comp. Current inventory shows 7 comparable homes in INDIAN CREEK; based on recent absorption. Prices in INDIAN CREEK have risen 7% over the last 6 months. A similar home at 50401 Indian Creek DR, Georgetown TX 78626 carries an adjusted comparable value of $355,386, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus