1603 Mimosa ST, Georgetown TX 78626

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $527,390. I'd recommend coming to market at $377,000 to $387,000 to strike the right balance between value and market velocity. Against 7 similar active listings in EAST LYNN, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Built in 1970, this home is 7 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in EAST LYNN; a buyer's market based on recent absorption. The trend in 78626 shows prices have fallen 4.1% in the past 6 months. 1608 Mimosa ST, Georgetown TX 78626 nearby adjusts to $581,993; a strong comparable. Based on 4 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