1709 Olive ST, Georgetown TX 78626

The market data from 7 similar recent sales in OUT points to a value of approximately $270,558. To sell within a reasonable timeframe at fair market value, the $285,000 to $296,000 range is where I'd position this. With 6 comparable homes on the market in OUT, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. This home's smaller footprint (166 sqft vs the comp average) plays a role in how the market prices it. The 1965 construction puts this home 25 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in OUT (a buyer's market), competition is a factor to consider. In OUT, home values have risen approximately 10.6% over the past 6 months. One of the strongest data points is 701 W 15th ST, Georgetown TX 78626, adjusting to $140,395; with a smaller floor plan. 7 comparable transactions in OUT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group