206 S Elm ST, Georgetown TX 78626

The market data from 7 similar recent sales in OUT points to a value of approximately $304,476. To sell within a reasonable timeframe at fair market value, the $339,000 to $357,000 range is where I'd position this. With 3 comparable homes on the market in OUT, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 0.25 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. 3 similar homes are currently available in OUT, creating a seller's market for this price range. In OUT, home values have risen approximately 64% over the past 6 months. One of the strongest data points is 701 W 15th ST, Georgetown TX 78626, adjusting to $116,900; with a larger 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