550 Miller Hill RD, Georgetown TX 78626

Reviewing the most recent comparable transactions, this home's market value falls around $492,259. For a well positioned listing in 78626, I'd target the $313,000 to $323,000 range. Against 3 similar active listings in 78626, this price point lands at the most expensive of 3 comparable homes on the market. The 1985 construction puts this home 15 years older than the comp average, a factor in the pricing. At 5.00 acres, the lot is larger than the 1.84 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78626; a buyer's market based on recent absorption. Recent trends in 78626 show home values have fallen 3.9% since 6 months ago. The most comparable recent sale is 100 Wilkie LN, Georgetown TX 78626, with an adjusted value of $579,199; with a smaller floor plan. 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