1603 Hutto RD, Georgetown TX 78626

The estimated value of this property is $489,952, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $512,000 and $543,000. With 3 comparable homes on the market in EAST LYNN, this price positions the property as the most affordable of 3 comparable homes on the market. The smaller floor plan (146 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1970, this home is 7 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in EAST LYNN; a buyer's market based on recent absorption. 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 $542,865; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group