Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $429,099. I'd recommend coming to market at $343,000 to $353,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78626, this price point stands out as competitive. The 0.22 acre lot (larger than the 0.18 acre average) is reflected in the estimate. The active market in 78626 includes 7 comparable homes priced from $329,000 to $799,000. The trend in 78626 shows prices have fallen 4.4% in the past 6 months. 1912 S Church ST, Georgetown TX 78626 nearby adjusts to $602,304; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
