408 Martin Luther King Jr ST, Georgetown TX 78626

This home was listed at $750,000 and was on the market for 75 days before expiring. Based on comparable sales, the market data suggests a value closer to $623,189. Here are some factors that may have played a role: At $439/sqft, the asking price appears to have been significantly above the neighborhood average of $190/sqft. That gap that can deter buyer interest. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. Coming to market in January may have put this home in a slower seasonal window for the Georgetown area. At 188 sqft smaller than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 3 of 4 comparable homes not offering one. With 4 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