Based on 7 closed sales in 78626, the data points to a value around $609,448 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $505,000 to $515,000. This home's position in the current 78626 market: the most expensive of 2 comparable homes on the market among comparable properties. Lot size matters here: 2.08 acres versus 4.12 for the typical comp. Current inventory shows 2 comparable homes in 78626; a buyer's market based on recent absorption. Market data shows 78626 prices fallen 4.2% over the last half year. The closest comparable sale, 1011 County Road 149, Georgetown TX 78626 at an adjusted $662,786, is with a smaller floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in 78626. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
