919 MADRONE DR, Georgetown TX 78628

My analysis of 6 comparable properties puts this home's estimated value at $541,747. Based on how the local market is moving, a list price between $404,000 and $414,000 would position this home well. Relative to what's currently available in GEORGETOWN, this home would be the 4th most expensive of 7 comparable homes on the market. At 251 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.25 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 7 comparable homes in GEORGETOWN; a balanced market based on recent absorption. The 6 month price trend in GEORGETOWN: risen 14.5%. The best comp here is 947 Madrone DR, Georgetown TX 78628 at an adjusted value of $529,335, with a smaller floor plan. The comp data here (6 sales in GEORGETOWN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus