714 Algerita DR, Georgetown TX 78628

This home was listed at $509,950 and was on the market for 109 days before expiring. Based on comparable sales, the market data suggests a value closer to $468,949. Here are some factors that may have played a role: After 109 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. At the time, there appear to have been 8 similar homes available at lower price points, which may have given buyers other options. This home's larger footprint (590 sqft vs the comp average) plays a role in how the market prices it. The 0.13 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. With 6 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