511 River Down RD, Georgetown TX 78628

Reviewing the most recent comparable transactions, this home's market value falls around $529,903. For a well positioned listing in RIVER RIDGE SEC, I'd target the $304,000 to $314,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in RIVER RIDGE SEC. The 1995 construction puts this home 15 years older than the comp average, a factor in the pricing. At 0.21 acres, the lot is smaller than the 0.35 acre comp average, which factors into pricing. With 7 similar homes currently listed in RIVER RIDGE SEC (a buyer's market), competition is a factor to consider. Recent trends in 78628 show home values have fallen 1.9% since 6 months ago. The most comparable recent sale is 205 Ridge Run CT, Georgetown TX 78628, with an adjusted value of $527,284; with a smaller floor plan. 7 comparable transactions in RIVER RIDGE SEC 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