The comparable sales data (7 recent transactions in LOST) supports an estimated value of $467,623. The data suggests a list price between $363,000 and $373,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in LOST's current inventory. Being built in 1930 (29 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in LOST, ranging from $375,000 to $849,000. Prices in 78626 have fallen 3% over the last 6 months. A similar home at 1305 S Elm ST, Georgetown TX 78626 carries an adjusted comparable value of $571,135, providing a strong data point. 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