224 McFarland ST, Georgetown TX 78628

The estimated value of this property is $279,204, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $286,000 and $292,000. Against 4 similar active listings in MORNINGSTAR, this price point lands at the 2nd most expensive of 4 comparable homes on the market. Built in 2019, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in MORNINGSTAR; a buyer's market based on recent absorption. Recent trends in MORNINGSTAR show home values have fallen 1.4% since 6 months ago. The most comparable recent sale is 732 Sun Grove TRL, Georgetown TX 78628, with an adjusted value of $284,950; a strong comparable. With 7 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