381 Adams ST, Georgetown TX 78628

The market data from 7 similar recent sales in BROWNSTONE THE SUMMIT points to a value of approximately $510,332. To sell within a reasonable timeframe at fair market value, the $711,000 to $722,000 range is where I'd position this. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in BROWNSTONE THE SUMMIT. This home's larger footprint (1,023 sqft vs the comp average) plays a role in how the market prices it. At 0.04 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in BROWNSTONE THE SUMMIT, listed between $875,000 and $1,440,000. In 78628, home values have fallen approximately 5.8% over the past 6 months. One of the strongest data points is 1078 Toltec TRL, Georgetown TX 78626, adjusting to $454,458; with a smaller floor plan. 7 comparable transactions in BROWNSTONE THE SUMMIT 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