Based on 7 closed sales in MORROW, the data points to a value around $385,822 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $304,000 to $314,000. This would position the home competitively among 7 active listings in MORROW. Being built in 1909 (77 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in MORROW, listed between $309,999 and $700,000. Market data shows 78626 prices fallen 1.4% over the last half year. The closest comparable sale, 208 Woodmont DR, Georgetown TX 78628 at an adjusted $285,854, is a strong comparable. 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