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Fixer Upper Homes in Georgetown, KY

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Living in Georgetown, KY

Georgetown, KY is a picturesque small city that offers a delightful blend of history, culture, and modern amenities. Residents can enjoy a friendly community, beautiful parks, and excellent schools. Its proximity to Lexington allows easy access to urban conveniences while maintaining a relaxed suburban atmosphere.

Current Market Conditions in Georgetown, KY

As of late 2023, Georgetown's real estate market is experiencing a steady growth trend, with increasing demand for single-family homes and townhouses. The city's appeal, enhanced by its historical charm and family-friendly environment, has led to a competitive market where buyers are finding it essential to act quickly.

The average home prices have risen, reflecting the desirability of the area. Investors looking into Georgetown can find a variety of properties that cater to diverse budgets, making it an attractive location for both new homeowners and investment opportunities.

Home Value Estimator For Georgetown, KY

There are currently 16,201 real estate properties in Georgetown, KY, with a median automated valuation model (AVM) price of $305,027.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Georgetown, KY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Georgetown, KY, is $358,373.00, with the most expensive house in Georgetown, KY, topping out at $48,243,356.00 and the cheapest home in Georgetown, KY, clocking in at $11,444.00. In other words, there’s something for every potential homebuyer or savvy investor in Georgetown, KY!

Rent Prices In Georgetown, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Georgetown, KY, is on a rollercoaster ride. The average rent price in Georgetown, KY, is $1,301.00. Indeed, when looking to rent in Georgetown, KY, you can expect to pay as little as $490.00 or as much as $2,760.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Georgetown, KY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Georgetown, KY Fixer Upper Homes

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