705 E 3rd ST, Georgetown TX 78626

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $762,867. To generate strong buyer interest while maximizing value, I'd price this between $517,000 and $527,000. In the current SHELL market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 1887 construction puts this home 76 years older than the comp average, a factor in the pricing. At 1.32 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. With 7 similar homes currently listed in SHELL (a buyer's market), competition is a factor to consider. The trend in 78626 shows prices have fallen 3.9% in the past 6 months. 1250 S Main ST, Georgetown TX 78626 nearby adjusts to $1,164,288; with a smaller floor plan. 7 comparable transactions in SHELL 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