605 Fair Oaks DR, Georgetown TX 78628

The market data from 7 similar recent sales in WATER OAK points to a value of approximately $417,682. To sell within a reasonable timeframe at fair market value, the $452,000 to $464,000 range is where I'd position this. In the current WATER OAK market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. Being 135 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2014 construction puts this home 6 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in WATER OAK (a balanced market), competition is a factor to consider. In WATER OAK, home values have risen approximately 7% over the past 6 months. One of the strongest data points is 2117 Prairie Oaks DR, Georgetown TX 78628, adjusting to $400,032; with a larger floor plan. 7 comparable transactions in WATER OAK 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