1103 S Elm ST, Georgetown TX 78626

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $592,918. I'd recommend coming to market at $344,000 to $354,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in GLASSCOCK, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Built in 1900, this home is 72 years older than the average comp, which is reflected in the adjustments. The 0.16 acre lot (smaller than the 0.22 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in GLASSCOCK; a buyer's market based on recent absorption. The trend in 78626 shows prices have fallen 3.9% in the past 6 months. 1250 S Main ST, Georgetown TX 78626 nearby adjusts to $1,006,827; a strong comparable. 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