7170 Ranch Road 2243, Georgetown TX 78628

The estimated value of this property is $400,704, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $397,000 and $404,000. Against 7 similar active listings in 78628, this price point lands at the most expensive of 7 comparable homes on the market. Built in 1994, this home is 27 years older than the average comp, which is reflected in the adjustments. The 11.95 acre lot (larger than the 0.17 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78628; a buyer's market based on recent absorption. Recent trends in 78628 show home values have fallen 1.9% since 6 months ago. The most comparable recent sale is 2113 Centerline LN, Georgetown TX 78628, with an adjusted value of $356,353; a strong comparable. With 7 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