307 E Valley ST, Georgetown TX 78626

After reviewing 7 recent transactions in 78626, I estimate this property's value at $242,446. A competitive list price for this home right now would fall in the $200,000 to $210,000 range. Relative to what's currently available in 78626, this home would be the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (292 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.19 acres versus the area average of 0.35) contributes to the valuation. The active market in 78626 includes 4 comparable homes priced from $184,000 to $459,000. Prices in 78626 have fallen 3.9% over the last 6 months. A similar home at 1615 Westwood LN, Georgetown TX 78628 carries an adjusted comparable value of $225,910, providing a strong data point. With 7 comparable sales in 78626, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group