5151 Scenic Lake DR, Georgetown TX 78626

My analysis of 7 comparable properties puts this home's estimated value at $365,230. Based on how the local market is moving, a list price between $358,000 and $373,000 would position this home well. This home's position in the current TERAVISTA market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (119 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in TERAVISTA (a buyer's market), competition is a factor to consider. The 6 month price trend in TERAVISTA: risen 6.7%. The best comp here is 1109 Sunny Meadows LOOP, Georgetown TX 78626 at an adjusted value of $351,756, a strong comparable. The comp data here (7 sales in TERAVISTA) 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