2008 Fountainwood DR, Georgetown TX 78633

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $596,266. I'd recommend coming to market at $338,000 to $348,000 to strike the right balance between value and market velocity. In the current FOUNTAINWOOD ESTATES market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The smaller floor plan (183 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.00 acre lot (smaller than the 1.03 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in FOUNTAINWOOD ESTATES, ranging from $295,000 to $675,000. The trend in FOUNTAINWOOD ESTATES shows prices have fallen 12.9% in the past 6 months. 1011 Fountainwood DR, Georgetown TX 78633 nearby adjusts to $625,756; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group