505 Lakeway DR, Georgetown TX 78628

The market data from 3 similar recent sales in REATA points to a value of approximately $254,597. To sell within a reasonable timeframe at fair market value, the $247,000 to $262,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in REATA. Right now, 5 similar properties are competing for buyers in REATA, listed between $290,000 and $355,000. In 78628, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 3400 Buffalo Springs TRL, Georgetown TX 78628, adjusting to $300,091; a strong comparable. 3 comparable transactions in REATA 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