406 E 20th, Georgetown TX 78626

The estimated value of this property is $278,430, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $319,000 and $325,000. In the current LORD market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 1970, this home is 37 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in LORD; a buyer's market based on recent absorption. Recent trends in 78626 show home values have fallen 3.9% since 6 months ago. The most comparable recent sale is 111 Spanish Oak CIR, Georgetown TX 78628, with an adjusted value of $339,755; a strong comparable. Based on 7 relevant data points in LORD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX