1008 Fountainwood DR, Georgetown TX 78633

The market data from 7 similar recent sales in FOUNTAINWOOD ESTATES points to a value of approximately $624,681. To sell within a reasonable timeframe at fair market value, the $629,000 to $640,000 range is where I'd position this. With 3 comparable homes on the market in FOUNTAINWOOD ESTATES, this price positions the property as the 0th most expensive of 3 comparable homes on the market. This home's smaller footprint (268 sqft vs the comp average) plays a role in how the market prices it. At 1.33 acres, the lot is larger than the 1.10 acre comp average, which factors into pricing. 3 similar homes are currently available in FOUNTAINWOOD ESTATES, creating a balanced market for this price range. In FOUNTAINWOOD ESTATES, home values have fallen approximately 12.2% over the past 6 months. One of the strongest data points is 1011 Fountainwood DR, Georgetown TX 78633, adjusting to $639,962; with a larger 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