973 Caversham Way, Galt, CA 95632, Galt, 95632 - 5 bed, 3 bath
973 Caversham Way
Galt, CA 95632
Property Price
SUMMARY
Analysis of 973 Caversham Way, Galt, CA 95632 reveals a property with a current list price of $685,000, which is 3% above the estimated $661,834 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Galt Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 973 Caversham Way Subject | $254,000 | 5 | 3 | 2,428 | $273 | - |
A 985 Blackwell Way Sold | $622,500 | 4 | 3 | 2,428 | $256 | 0.2 mi |
B 978 Park Terrace Drive Sold | $538,000 | 3 | 2 | 1,908 | $282 | 0.1 mi |
C 928 Jordine Way Sold | $670,000 | 4 | 2 | 2,214 | $303 | 0.3 mi |
D 1078 Ranford Court Sold | $675,000 | 4 | 2 | 2,214 | $305 | 0.3 mi |
E 681 Canyon Creek Way Sold | $529,000 | 4 | 3 | 2,066 | $256 | 0.9 mi |
F 898 Cold Brook Court Sold | $560,000 | 4 | 3 | 2,066 | $271 | 0.8 mi |
G 733 Killebrew Active | $749,000 List Price | 5 | 3 | 2,766 | $271 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The home, built in 2001, is well-maintained and functional, but key areas like the kitchen feature original-style light wood cabinets and tile countertops, which are outdated. While some bathrooms show minor updates such as mosaic backsplashes and newer light fixtures, the overall aesthetic, including carpeted living areas, indicates the property has not undergone extensive modern renovations. Major systems are also nearing the end of their typical lifespan, aligning with a 'fair' condition where components are functional but show signs of being outdated and may require minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious & Flexible Floor Plan
With 5 bedrooms, 3 bathrooms, and 2428 sqft, this Elliott Homes property offers a spacious, open floor plan designed for modern living and accommodating families of all sizes.
- Multigenerational Living Potential
A valuable feature is the downstairs bedroom and full bathroom, ideal for guests, multigenerational living arrangements, or a dedicated private office retreat.
- Private Outdoor Oasis
The backyard boasts a beautiful pool and relaxing landscaping, providing an excellent private space for recreation, entertaining, and unwinding.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 2001, the home is over two decades old, which may mean original systems (HVAC, roof, water heater) could be nearing the end of their typical lifespan and might require future maintenance or replacement.
- Recent Price Reduction
A recent price adjustment from $695,000 to $685,000 could indicate initial overpricing or a slower market response, potentially influencing buyer perception.
- Lack of Explicit Modern Updates
While described as 'modern living,' the description does not detail specific recent renovations or energy-efficient upgrades (e.g., kitchen, bathrooms, windows) that many buyers seek in homes of this vintage.
About 973 Caversham Way
Welcome to this stunning home built by Elliott Homes in 2001 offering modern living, space, and flexibility in one of Galt's desirable neighborhoods. With 5 bedrooms and 3 bathrooms, this residence is thoughtfully designed to accommodate families of all sizes. This home features a spacious, open floor plan. Walk out to the back yard to a beautiful pool and relaxing landscaping. The home features a bedroom and full bathroom downstairs, ideal for guests, multigenerational living, or a private office retreat. 3 car garage for your toys. Close to schools and park. This is a must see to appreciate.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 7,026 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Galt Unified Schools
Marengo Ranch Elementary School
Grades K-6 • 0.1 mi
Lake Canyon Elementary School
Grades K-6 • 0.7 mi
River Oaks Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,428 | 1,765.5 | 92% |
| Lot Size | 7,026 | 7,498.5 | 40% |
| Price | $685.0K | $530.6K | 86% |
| Price per sq ft | $282 | $307 | 26% |
| Built year | 2001 | 1992 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 183 | 5% |
Pricing History
Listed for Sale
Feb 3, 2026
$685,000
$695,000
-1% Price Drop
Initial Listing
Price Change
Jan 17, 2026
$695,000
Initial Listing
Sold
Jan 17, 2002
$254,000
Public Record