5350 CR 124, Georgetown TX 78626

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $730,371. I'd recommend coming to market at $502,000 to $512,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in 78626, this price positions the property as the most expensive of 2 comparable homes on the market. At 346 sqft smaller than the typical comp, the size difference factors into the valuation. The 10.00 acre lot (larger than the 5.60 acre average) is reflected in the estimate. Buyers in 78626 have 2 comparable options right now, with asking prices between $475,000 and $599,999. The trend in 78626 shows prices have fallen 3.9% in the past 6 months. 2555 County Road 124, Georgetown TX 78626 nearby adjusts to $835,523; with a larger floor plan. Based on 7 relevant data points in 78626, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX