1304 E University Ave, Georgetown TX 78626

After reviewing 4 recent transactions in OUT, I estimate this property's value at $591,031. A competitive list price for this home right now would fall in the $379,000 to $389,000 range. This would position the home competitively among 7 active listings in OUT. At 6 years older than typical comps, the 1946 build date influences the valuation. The larger lot (0.43 acres versus the area average of 0.33) contributes to the valuation. Current inventory shows 7 comparable homes in OUT; a buyer's market based on recent absorption. Prices in 78626 have fallen 3.8% over the last 6 months. A similar home at 1407 Hutto RD, Georgetown TX 78626 carries an adjusted comparable value of $467,582, providing a strong data point. The comp data here (4 sales in OUT) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus