The market data from 7 similar recent sales in 78626 points to a value of approximately $600,771. To sell within a reasonable timeframe at fair market value, the $430,000 to $440,000 range is where I'd position this. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in 78626. The larger floor plan (927 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1991 construction puts this home 23 years older than the comp average, a factor in the pricing. The active market in 78626 includes 2 comparable homes priced from $399,990 to $443,321. In 78626, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 1480 Co Rd 127, Georgetown TX 78626, adjusting to $1,067,560; with a pool. 7 comparable transactions in 78626 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