Taking into account 3 nearby comparable sales, this property's estimated value comes to $473,578. If we were to list this property today, I'd recommend a list price in the $292,000 to $302,000 range. Relative to what's currently available in PORTER N SUR, this home would be the most expensive of 7 comparable homes on the market. Being built in 1930 (8 years older than comps) is factored into the value estimate. Lot size matters here: 0.24 acres versus 0.20 for the typical comp. 7 similar homes are currently available in PORTER N SUR, creating a buyer's market for this price range. The 6 month price trend in 78626: fallen 3.9%. The best comp here is 1305 S Elm ST, Georgetown TX 78626 at an adjusted value of $524,188, a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus