1601 Forest ST, Georgetown TX 78626

The market data from 4 similar recent sales in OUT points to a value of approximately $610,844. To sell within a reasonable timeframe at fair market value, the $997,000 to $1,018,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in OUT. The 126 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 3 of 4 comparable sales didn't include one. Current inventory shows 7 comparable homes in OUT; a buyer's market based on recent absorption. In 78626, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 2229 Georgian DR, Georgetown TX 78626, adjusting to $401,990; a strong comparable. 4 comparable transactions in OUT 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