620 Rio Grande LOOP, Georgetown TX 78628

The market data from 3 similar recent sales in 78628 points to a value of approximately $601,568. To sell within a reasonable timeframe at fair market value, the $408,000 to $418,000 range is where I'd position this. With 4 comparable homes on the market in 78628, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (310 sqft vs the comp average) plays a role in how the market prices it. 4 similar homes are currently available in 78628, creating a buyer's market for this price range. In 78628, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 307 San Saba DR, Georgetown TX 78633, adjusting to $697,380; with a smaller floor plan. The 3 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