306 Shannon LN, Georgetown TX 78628

The market data from 7 similar recent sales in 78628 points to a value of approximately $408,480. To sell within a reasonable timeframe at fair market value, the $479,000 to $481,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78628. The 165 sqft size difference versus comparable sales is reflected in the adjusted values. The 1968 construction puts this home 9 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in 78628, creating a buyer's market for this price range. In 78628, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 1907 Northwest BLVD, Georgetown TX 78628, adjusting to $431,124; with a smaller floor plan. The 7 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