806 S Walnut ST, Georgetown TX 78626

After reviewing 5 recent transactions in 78626, I estimate this property's value at $526,733. A competitive list price for this home right now would fall in the $372,000 to $382,000 range. Buyers shopping in 78626 right now would see this as a well positioned option among 7 comparable homes. At 13 years older than typical comps, the 1935 build date influences the valuation. The larger lot (0.29 acres versus the area average of 0.25) contributes to the valuation. Current inventory shows 7 comparable homes in 78626; a buyer's market based on recent absorption. Prices in 78626 have fallen 3.9% over the last 6 months. A similar home at 1305 S Elm ST, Georgetown TX 78626 carries an adjusted comparable value of $547,238, providing a strong data point. With 5 comparable sales in 78626, 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