The estimated value of this property is $280,387, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $275,000 and $286,000. Against 7 similar active listings in EAST NINETEENTH STREET HUTTO ROAD, this price point lands at the most affordable of 7 comparable homes on the market. Built in 2007, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in EAST NINETEENTH STREET HUTTO ROAD; a buyer's market based on recent absorption. Recent trends in 78626 show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 2223 Perkins PL, Georgetown TX 78626, with an adjusted value of $238,236; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
