After reviewing 7 recent transactions in COMMUNITY, I estimate this property's value at $465,276. A competitive list price for this home right now would fall in the $227,000 to $237,000 range. Buyers shopping in COMMUNITY right now would see this as a well positioned option among 7 comparable homes. Being 260 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5 years newer than typical comps, the 2011 build date influences the valuation. There are currently 7 similar homes on the market in COMMUNITY, ranging from $227,999 to $273,999. Prices in 78633 have risen 0.2% over the last 6 months. A similar home at 110 Cherry Wood CT, Georgetown TX 78633 carries an adjusted comparable value of $743,244, providing a strong data point. The comp data here (7 sales in COMMUNITY) 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