401 Penna LN, Georgetown TX 78628

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $368,968. I'd recommend coming to market at $399,000 to $414,000 to strike the right balance between value and market velocity. In the current RANCHO SIENNA market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The smaller floor plan (141 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 7 comparable homes in RANCHO SIENNA; a buyer's market based on recent absorption. The trend in RANCHO SIENNA shows prices have fallen 3.6% in the past 6 months. 127 Russet TRL, Georgetown TX 78628 nearby adjusts to $354,224; a strong comparable. Based on 7 relevant data points in RANCHO SIENNA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX