1002 Elmwood DR, Georgetown TX 78628

After reviewing 7 recent transactions in GEORGETOWN, I estimate this property's value at $414,856. A competitive list price for this home right now would fall in the $456,000 to $470,000 range. Relative to what's currently available in GEORGETOWN, this home would be the 3rd least expensive of 7 comparable homes on the market. At 7 years older than typical comps, the 2003 build date influences the valuation. The larger lot (0.22 acres versus the area average of 0.17) contributes to the valuation. The active market in GEORGETOWN includes 7 comparable homes priced from $339,000 to $525,000. Prices in GEORGETOWN have risen 3.1% over the last 6 months. A similar home at 1122 Boxwood LOOP, Georgetown TX 78628 carries an adjusted comparable value of $372,700, providing a strong data point. With 7 comparable sales in GEORGETOWN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group