508 Otto Ave, Georgetown TX 78626

The market data from 5 similar recent sales in FAIRHAVEN points to a value of approximately $367,797. To sell within a reasonable timeframe at fair market value, the $392,000 to $408,000 range is where I'd position this. With 6 comparable homes on the market in FAIRHAVEN, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. The 286 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 6 comparable homes in FAIRHAVEN; a buyer's market based on recent absorption. In FAIRHAVEN, home values have risen approximately 5.4% over the past 6 months. One of the strongest data points is 217 Frederick DR, Georgetown TX 78626, adjusting to $360,178; a strong comparable. 5 comparable transactions in FAIRHAVEN support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group