805 S Pine ST, Georgetown TX 78626

After reviewing 7 recent transactions in CLAMPS, I estimate this property's value at $317,320. A competitive list price for this home right now would fall in the $250,000 to $260,000 range. Relative to what's currently available in CLAMPS, this home would be the 3rd most expensive of 7 comparable homes on the market. At 27 years newer than typical comps, the 1984 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 7 comparable homes in CLAMPS; a buyer's market based on recent absorption. Prices in 78626 have fallen 4% over the last 6 months. A similar home at 1220 S Myrtle ST, Georgetown TX 78626 carries an adjusted comparable value of $524,226, providing a strong data point. With 7 comparable sales in CLAMPS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group