151 Lookout RDG, Georgetown TX 78626

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $492,649. I'd recommend coming to market at $281,000 to $291,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78626, this price point stands out as competitive. Built in 1987, this home is 27 years older than the average comp, which is reflected in the adjustments. The 5.07 acre lot (larger than the 0.21 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in 78626, ranging from $299,900 to $650,000. The trend in 78626 shows prices have fallen 3.9% in the past 6 months. 211 River Down RD, Georgetown TX 78628 nearby adjusts to $608,909; a strong comparable. Based on 7 relevant data points in 78626, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX