1509 Naranjo DR, Georgetown TX 78628

The market data from 6 similar recent sales in GEORGETOWN points to a value of approximately $443,787. To sell within a reasonable timeframe at fair market value, the $506,000 to $556,000 range is where I'd position this. With 5 comparable homes on the market in GEORGETOWN, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. At 230 sqft larger than the typical comp, the size difference factors into the valuation. With 5 similar homes currently listed in GEORGETOWN (a seller's market), competition is a factor to consider. In GEORGETOWN, home values have risen approximately 9.1% over the past 6 months. One of the strongest data points is 947 Madrone DR, Georgetown TX 78628, adjusting to $467,819; a strong comparable. 6 comparable transactions in GEORGETOWN support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group