1601 Mimosa ST, Georgetown TX 78626

The estimated value of this property is $576,655, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $330,000 and $340,000. Against 7 similar active listings in EAST LYNN, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 132 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.27 acre lot (larger than the 0.23 acre average) is reflected in the estimate. With 7 similar homes currently listed in EAST LYNN (a buyer's market), competition is a factor to consider. Recent trends in 78626 show home values have fallen 3.9% since 6 months ago. The most comparable recent sale is 1608 Mimosa ST, Georgetown TX 78626, with an adjusted value of $591,365; with a smaller floor plan. Based on 3 relevant data points in EAST LYNN, 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