Ed's Opinion of Value

$650,719 Ed's Estimate: $710,548 $926,469
Lowest Comp Recommended List: $806,000 to $807,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $710,548. To generate strong buyer interest while maximizing value, I'd price this between $806,000 and $807,000. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in SOMERSET RANCH. At 1.33 acres, the lot is larger than the 0.45 acre comp average, which factors into pricing. With 5 similar homes currently listed in SOMERSET RANCH (a balanced market), competition is a factor to consider. The trend in 78633 shows prices have risen 3.3% in the past 6 months. 513 Somerset Woods CT, Georgetown TX 78633 nearby adjusts to $926,469; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
4 Beds
4 Baths 3 Full, 1 Half
2,739 Sq Ft
1.332 Acres
2020 Built
3 Garage

About This Property

You will love this 4 bedroom 3.5 bath home on a large 1.3 acre lot in Somerset. This home is built with all of the interior finishes you have come to expect from Carothers Executive Homes, like 3cm granite, custom ceiling designs, and tile in all living areas is just a start. This home also has a "mother-in-law" suite, complete with walk-in closet and full bath.Restrictions: Yes Sprinkler Sys:Yes

Features

  • High Ceilings
  • Vaulted Ceiling(s)
  • Double Vanity
  • French Doors
  • In-Law Floorplan
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Georgetown ISD
Elementary Jo Ann Ford
Middle School Douglas Benold
High School Georgetown

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central, Electric
MLS # 6964416
Garage 3 spaces

Listing History

MLS# 6964416 60 days
Aug 13, 2020 Off Market
Jul 13, 2020 Pending
May 14, 2020 Listed $585,000

Frequently Asked Questions About 516 Somerset Woods CT, Georgetown TX 78633

When was 516 Somerset Woods CT, Georgetown TX 78633 built?

516 Somerset Woods CT, Georgetown TX 78633 was built in 2020.

How much does 516 Somerset Woods CT, Georgetown TX 78633 cost?

516 Somerset Woods CT, Georgetown TX 78633 sold on August 13, 2020. Contact us for sale price details.

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