408 E 21st ST, Georgetown TX 78626

The estimated value of this property is $252,861, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $358,000 and $376,000. With 7 comparable homes on the market in LORD, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (579 sqft vs the comp average) plays a role in how the market prices it. Built in 1950, this home is 65 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in LORD, creating a buyer's market for this price range. Recent trends in 78626 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 1608 Westwood LN, Georgetown TX 78628, with an adjusted value of $217,244; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group