508 Otto Ave, Georgetown TX 78626

The market data from 7 similar recent sales in FAIRHAVEN points to a value of approximately $363,514. To sell within a reasonable timeframe at fair market value, the $387,000 to $388,000 range is where I'd position this. With 6 comparable homes on the market in FAIRHAVEN, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in FAIRHAVEN, listed between $329,000 and $419,000. In FAIRHAVEN, home values have risen approximately 8.6% over the past 6 months. One of the strongest data points is 108 Kramer ST, Georgetown TX 78626, adjusting to $349,284; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group