The estimated value of this property is $263,593, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $269,000 and $300,000. In the current GEORGIAN PLACE market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The smaller floor plan (765 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 3 similar properties are competing for buyers in GEORGIAN PLACE, listed between $265,000 and $399,000. Recent trends in GEORGIAN PLACE show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 1060 Leeds Castle WALK, Georgetown TX 78626, with an adjusted value of $264,264; with a larger floor plan. 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