505 Otto Ave, Georgetown TX 78626

Based on 7 closed sales in FAIRHAVEN, the data points to a value around $363,530 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $387,000 to $388,000. This home's position in the current FAIRHAVEN market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.00 acres versus 0.21 for the typical comp. Right now, 7 similar properties are competing for buyers in FAIRHAVEN, listed between $329,000 and $419,000. Market data shows FAIRHAVEN prices fallen 1.4% over the last half year. The closest comparable sale, 108 Kramer ST, Georgetown TX 78626 at an adjusted $349,284, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FAIRHAVEN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group