304 Otto Ave, Georgetown TX 78626

The market data from 4 similar recent sales in FAIRHAVEN points to a value of approximately $272,084. To sell within a reasonable timeframe at fair market value, the $308,000 to $310,000 range is where I'd position this. With 7 comparable homes on the market in FAIRHAVEN, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 105 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. The active market in FAIRHAVEN includes 7 comparable homes priced from $268,000 to $338,400. In FAIRHAVEN, home values have risen approximately 5.4% over the past 6 months. One of the strongest data points is 213 Mais DR, Georgetown TX 78626, adjusting to $275,909; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group