Taking into account 7 nearby comparable sales, this property's estimated value comes to $410,023. If we were to list this property today, I'd recommend a list price in the $625,000 to $652,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in LOST's current inventory. Being built in 1919 (47 years older than comps) is factored into the value estimate. Lot size matters here: 0.17 acres versus 0.22 for the typical comp. Current inventory shows 7 comparable homes in LOST; a buyer's market based on recent absorption. The 6 month price trend in 78626: fallen 5.3%. The best comp here is 510 S Myrtle ST, Georgetown TX 78626 at an adjusted value of $624,913, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
