Reviewing the most recent comparable transactions, this home's market value falls around $276,082. For a well positioned listing in HUGHES, I'd target the $333,000 to $336,000 range. Among the similar homes currently available in HUGHES, this price point stands out as competitive. The 1950 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.33 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Buyers in HUGHES have 7 comparable options right now, with asking prices between $259,000 and $389,900. The most comparable recent sale is 1220 S Myrtle ST, Georgetown TX 78626, with an adjusted value of $536,579; a strong comparable. 7 comparable transactions in HUGHES 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
