505 Ridgecrest RD, Georgetown TX 78628

After reviewing 7 recent transactions in 78628, I estimate this property's value at $464,525. A competitive list price for this home right now would fall in the $506,000 to $508,000 range. Buyers shopping in 78628 right now would see this as a well positioned option among 3 comparable homes. This home's smaller footprint (101 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 7 of the 7 comps lacked one. Current inventory shows 3 comparable homes in 78628; a buyer's market based on recent absorption. Prices in 78628 have fallen 1.8% over the last 6 months. A similar home at 110 Lullaby DR, Georgetown TX 78626 carries an adjusted comparable value of $381,295, providing a strong data point. The comp data here (7 sales in 78628) 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