1703 Olive ST, Georgetown TX 78626

Taking into account 7 nearby comparable sales, this property's estimated value comes to $692,219. If we were to list this property today, I'd recommend a list price in the $396,000 to $406,000 range. Buyers shopping in OUT right now would see this as a well positioned option among 7 comparable homes. Being built in 1906 (59 years older than comps) is factored into the value estimate. Lot size matters here: 0.46 acres versus 0.30 for the typical comp. Current inventory shows 7 comparable homes in OUT; a balanced market based on recent absorption. The 6 month price trend in OUT: risen 5.1%. The best comp here is 403 E 4th ST, Georgetown TX 78626 at an adjusted value of $1,431,321, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in OUT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group