801 Fm 971, Georgetown TX 78626

The market data from 7 similar recent sales in GEORGETOWN EAST points to a value of approximately $325,872. To sell within a reasonable timeframe at fair market value, the $278,000 to $288,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in GEORGETOWN EAST. The 1965 construction puts this home 35 years older than the comp average, a factor in the pricing. At 0.68 acres, the lot is smaller than the 0.80 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in GEORGETOWN EAST; a buyer's market based on recent absorption. In 78626, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 600 County Road 152, Georgetown TX 78626, adjusting to $414,191; 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