1304 S Elm ST, Georgetown TX 78626

Based on 7 closed sales in ND, the data points to a value around $855,898 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $562,000 to $572,000. Relative to what's currently available in ND, this home would be the 2nd most expensive of 7 comparable homes on the market. At 741 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1895 (68 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in ND (a buyer's market), competition is a factor to consider. Market data shows 78626 prices fallen 2.6% over the last half year. The closest comparable sale, 1405 E 18th ST, Georgetown TX 78626 at an adjusted $1,038,608, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group