1004 Forest ST, Georgetown TX 78626

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $574,036. I'd recommend coming to market at $400,000 to $410,000 to strike the right balance between value and market velocity. Against 7 similar active listings in LOST, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (247 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1935, this home is 12 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in LOST, ranging from $375,000 to $849,000. The trend in 78626 shows prices have fallen 3.9% in the past 6 months. 1305 S Elm ST, Georgetown TX 78626 nearby adjusts to $628,430; with a smaller floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group