1236 S Main ST, Georgetown TX 78626

Reviewing the most recent comparable transactions, this home's market value falls around $669,940. For a well positioned listing in MORROW, I'd target the $411,000 to $421,000 range. With 7 comparable homes on the market in MORROW, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 894 sqft larger than the typical comp, the size difference factors into the valuation. The 1945 construction puts this home 14 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in MORROW, creating a buyer's market for this price range. Recent trends in 78626 show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 1503 E 15th ST, Georgetown TX 78626, with an adjusted value of $1,150,295; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group