2505 Mesquite LN, Georgetown TX 78628

The market data from 7 similar recent sales in PORTER N SURV ABS #497 points to a value of approximately $338,103. To sell within a reasonable timeframe at fair market value, the $288,000 to $298,000 range is where I'd position this. Against 5 similar active listings in PORTER N SURV ABS #497, this price point lands at the 2nd most expensive of 5 comparable homes on the market. At 0.32 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. The active market in PORTER N SURV ABS #497 includes 5 comparable homes priced from $290,000 to $355,000. In 78628, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 903 Power RD, Georgetown TX 78628, adjusting to $351,808; a strong comparable. 7 comparable transactions in PORTER N SURV ABS #497 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