704 Algerita, Georgetown TX 78628

Reviewing the most recent comparable transactions, this home's market value falls around $387,888. For a well positioned listing in BRIARWOOD, I'd target the $389,000 to $401,000 range. In the current BRIARWOOD market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's larger footprint (253 sqft vs the comp average) plays a role in how the market prices it. The 2007 construction puts this home 6 years older than the comp average, a factor in the pricing. With 1 similar homes currently listed in BRIARWOOD (a buyer's market), competition is a factor to consider. Recent trends in BRIARWOOD show home values have fallen 8% since 6 months ago. The most comparable recent sale is 707 Hedgewood DR, Georgetown TX 78628, with an adjusted value of $382,440; a strong comparable. The 5 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