1019 London LN, Georgetown TX 78626

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $394,495. I'd recommend coming to market at $426,000 to $438,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in GEORGIAN PLACE. The larger floor plan (144 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2001, this home is 7 years older than the average comp, which is reflected in the adjustments. Buyers in GEORGIAN PLACE have 7 comparable options right now, with asking prices between $390,000 and $525,000. The trend in 78626 shows prices have fallen 3% in the past 6 months. 1061 London LN, Georgetown TX 78626 nearby adjusts to $392,551; with a smaller floor plan. With 7 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