1606 S Austin Ave, Georgetown TX 78626

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $367,825. I'd recommend coming to market at $414,000 to $415,000 to strike the right balance between value and market velocity. In the current LOST market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 1930, this home is 80 years older than the average comp, which is reflected in the adjustments. The 0.31 acre lot (larger than the 0.22 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in LOST, listed between $359,900 and $499,999. The trend in 78626 shows prices have fallen 4% in the past 6 months. 1423 Grande Mesa DR, Georgetown TX 78626 nearby adjusts to $337,433; a strong comparable. Based on 7 relevant data points in LOST, 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