1504 Forest ST, Georgetown TX 78626

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $736,427. Pricing this home between $358,000 and $368,000 would put it in the competitive sweet spot for OUT. This home's position in the current OUT market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 21 years older than typical comps, the 1930 build date influences the valuation. The smaller lot (0.33 acres versus the area average of 0.41) contributes to the valuation. With 7 similar homes currently listed in OUT (a buyer's market), competition is a factor to consider. Market data shows 78626 prices fallen 3.9% over the last half year. The closest comparable sale, 508 S Walnut ST, Georgetown TX 78626 at an adjusted $823,465, is with a larger floor plan. With 7 comparable sales in OUT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group