6132 Lake Teravista WAY, Georgetown TX 78626

The estimated value of this property is $625,481, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $613,000 and $637,000. Against 7 similar active listings in TERAVISTA, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (280 sqft vs the comp average) plays a role in how the market prices it. Built in 2017, this home is 6 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in TERAVISTA, listed between $495,000 and $675,000. Recent trends in TERAVISTA show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 2106 Reston CV, Round Rock TX 78665, with an adjusted value of $579,114; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group