1403 Olive, Georgetown TX 78626

The estimated value of this property is $591,474, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $468,000 and $478,000. In the current 78626 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Being 332 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1935, this home is 50 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78626, listed between $449,000 and $1,392,000. Recent trends in 78626 show home values have fallen 3.9% since 6 months ago. The most comparable recent sale is 210 Mancos DR, Georgetown TX 78626, with an adjusted value of $324,394; with a larger floor plan. 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