1002 Forest ST, Georgetown TX 78626

Taking into account 3 nearby comparable sales, this property's estimated value comes to $495,783. If we were to list this property today, I'd recommend a list price in the $250,000 to $260,000 range. This home's position in the current LOST market: the most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (246 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1930 (8 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in LOST; a buyer's market based on recent absorption. The 6 month price trend in 78626: fallen 1.2%. The best comp here is 1305 S Elm ST, Georgetown TX 78626 at an adjusted value of $542,618, a strong comparable. The strength of this estimate comes from 3 directly comparable sales in LOST. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group